Page 5 - Coca Cola

Coca-Cola conducting pilot test of its alcohol-based beverage, Lemon-Dou

For the test run, the beverage has been priced at Rs 230 for a 250 ml can and is being sold in Goa and some parts of Maharashtra

Coca-Cola set to invest Rs 3,000 crore to install new plant in Sanand

Once the plant begins operations, it will have a workforce of about 400 persons in operational and engineering roles

Coca-Cola sees double-digit volume growth in India in third quarter

The global cola giant reported an 8 per cent year-on-year jump in net revenue to $12 million

SLMG Beverages introduces 100% recycled PET bottles for Coca-Cola

SLMG Beverages, a flagship company of Ladhani Group and a franchise bottler for Coca-Cola in India, on Wednesday introduced 100 per cent recycled PET bottles for the iconic cola brand. The strategic leap not only reflects SLMG's dedication to environmental stewardship but also signifies a pivotal moment in the beverage industry's landscape in India, the company said in a statement. "By significantly limiting its consumption of virgin PET, SLMG Beverages is reducing its carbon footprint, seamlessly aligning with the Indian government's ambitious target of 25 per cent recycled resin by April 2025 PET," it said. The company said it supplies 90 per cent of Coca-Cola bottles in Uttar Pradesh, 100 per cent in Uttarakhand and has presence in Bihar and Madhya Pradesh as well. In Uttar Pradesh it has seven plants with a production capacity of 41 crore bottles a day. It caters to more than 300 million people through its 1.5 million outlets, and a network of more than 1,500 distributors, ...

Coca-Cola India's brand marketing spends to be highest-ever in H2

After 'challenging summer', Coca-Cola India expects strong demand in H2

Coca-Cola India's spending on brands expected to be highest in H2: Official

Beverage major Coca-Cola is going to have its highest-ever spending on brands in the second half of 2023 in India, when the ICC Men's Cricket World Cup is coinciding with the festive season, which is expected to boost the consumption, a top company official said on Friday. Though the company has not shared the quantum of spending but said it is a "big part of overall investment" that they are going to make during the ICC World Cup, which provides "a very big platform" for their business expansion, Coca-Cola India and South-West Asia Vice President, Marketing Arnab Roy, said. Coca-Cola, which had a "challenging summer" this year due to unseasonal rains, expects people will spend money across categories during the festive season despite challenging macro conditions, and affordable packages would do well. When asked if Coca-Cola can make up for a slower second quarter, Roy said: "Probably based on the trends we are seeing both in Q3 and the beginning of Q4, we feel very positive and ..

Coca-Cola India introduces 100% recycled PET bottles for carbonated drink

Beverages major Coca-Cola on Wednesday said it has introduced 100 per cent recycled PET bottles for its carbonated beverage supporting the circular economy. The company has introduced recycled PET (polyethylene terephthalate) bottles in pack sizes of 250 ml and 750 ml across several markets in India, said a statement from Coca-Cola India. These rPET bottles are being manufactured by Coca-Cola bottling partners - Moon Beverages and SLMG Beverages Ltd, it added. "The bottles made from 100 per cent food-grade rPET (excluding caps and labels) have an on-pack call to action "Recycle Me Again" message and will also drive consumer awareness with "100% recycled PET bottle" displayed on the pack," it said. These rPET bottles are crafted from food-grade recycled polyethylene terephthalate. The plastic is recycled as per the technologies approved by the USFDA and European Food Safety Authority (EFSA) for food-grade recycled material and repurposed into new PET bottles, reducing the need for .

Burger King likely to sign deal with Coca-Cola; may end tie-up with Pepsi

Executives said that the deal will be formalised and announced by the end of next quarter

Coca Cola to be official beverage partner for upcoming ICC World Cup

Beverages major Coca-Cola on Friday said it will be the exclusive non-alcoholic beverage partner of the ICC for the upcoming Cricket World Cup. Coca-Cola and The International Cricket Council (ICC) once again teamed up for the upcoming 2023 ICC Men's Cricket World Cup, said a joint statement. "The partnership entails Coca-Cola becoming the exclusive non-alcoholic beverage partner of the ICC," it added. Coca-Cola will use its global reach to connect with fans around the world and inculcate true sportsmanship through a series of online and offline activations. Coca-Cola India Vice President, Marketing, Arnab Roy Said: "We believe that the ICC Cricket World Cup is the biggest cricket event for the country. Partnership with the ICC provides us with a great opportunity to bring together our customers, consumers, brands and cricket". The beverage major plans brand activations with its portfolio, including fan engagements, social media campaigns and promotions to win tickets to the World

Coca-Cola registers Q1 volume growth in India despite 'challenging' summer

Soft drinks major The Coca-Cola Company on Thursday said it has registered growth in the beverage market in India despite having a challenging summer with rains, its Chairman and CEO James Quincey said. In the June quarter, China was affected due to specific local conditions and recovery was slowed in the second quarter. Consumer confidence is below the pre-pandemic level, he added. "In India, business was unfairly impacted because of unseasonal rain and cooler temperature of the quarter. However, the growth remained intact," Quincey said in an earnings call. Inflation is still elevated in some markets and impacting consumers in several geographies, making the consumer to be value-conscious. In some markets, it has started to moderate. "Five of our top 40 markets are currently experiencing over 20 per cent annual inflation," he said. In the June quarter, the company witnessed a growth in the unit case volume in developing and emerging markets like India and Brazil, said an earning

Unfavourable rains impacts Coca Cola's business, growth outlook intact

It also gained value share in total NARTD (non-alcoholic ready-to-drink) beverages led by share gains in South Korea, India, Australia and Thailand

Unseasonal rains made this summer challenging, says Coca-Cola India

Unseasonal rains have made this summer a challenging one for beverages major Coca-Cola India although sales became better as the season progressed, according to Vice President Sundeep Bajoria. The company also believes that consumers will not jump the gun on the issue of the artificial sweetener aspartame, which according to reports may be declared "possibly carcinogenic to humans". The current summer season was "challenging" due to weather changes and drop in temperature. However, the company's performance in the summer season was better when it exited than it entered, said. "It was one of the challenging summer seasons, but we ended better from where we started off," he said on the sidelines of an event organised hereby the Indian Beverage Association. There is no way out of such sudden change in the weather conditions and the country has seen summer rains after every few years, he said, adding the beverage players have to make sure that they are better connected with the ...

Music in a bottle: How Coke Studio Bharat is adding fizz to Coca-Cola

In its second avatar, the property is relying on creativity, technology and data analytics to move the needle

FMCG companies announce sustainable milestones, targets on Environment Day

Leading consumer goods companies -- including ITC, Dabur, Coca-Cola, and DS Group -- on Monday announced new sustainable milestones and targets on World Environment Day. The companies are setting targets like being carbon neutral, scaling up investments in sustainable packaging, reducing the usage of plastic in packaging and harnessing green energy. Homegrown FMCG and ayurvedic products maker Dabur India announced to be a plastic waste positive by collecting, processing and recycling more plastic waste than it sold in its product packaging in FY23. ITC scaled up its sustainable packaging offerings for plastic substitution and announced several measures to reduce the utilisation of plastic across products and businesses -- ranging from its packaging and food to the hotel business. Beverage major Coca-Cola India on Monday announced to launch of new bottles made from completely recycled PET plastic material (rPET) in Andhra Pradesh. "This is the first time in India that any bottle ma

As HCCB plans to sell its bottling business, senior officials bid adieu

The list of officials who resigned includes Neil Comerford who was executive director (ED) of the sales and commercial department, ED, HR Indrajeet Sengupta, among others

Coca Cola, Zepto expand partnership to 'return and recycle' PET bottles

Companies' expand initiative after 60-day pilot in Mumbai gets 'overwhelming customer response'

Sudan conflict threatens supply of key ingredient for Coca-Cola, Pepsi

The capital Khartoum has been brought to a standstill in the fighting that broke out on April 15, paralysing the economy and disrupting basic communications

Coca-Cola sees strong growth in India, chief lauds resilient economy

Coca-Cola also pointed out that the refillables infrastructure takes time to build and said that it has some activity in Africa and India and pointed out that it doesn't change overnight

Coca-Cola beats revenue estimates on steady demand despite price hikes

Average selling prices rose 11% in the first quarter, the company said, while unit case volumes rose 3%

Coca-Cola Company offers to return 35 acres of land to Kerala govt

Multinational beverage firm Coca Cola Company has offered to return 35 acres of land that it possesses at Plachimada in Palakkad district to the Kerala government. Juan Pablo Rodriguez Trovato, Chief Executive Officer of the Hindustan Coca Cola Beverages Private Limited, sent a letter to Chief Minister Pinarayi Vijayan informing him the company's decision to hand over the property and the building there to the state, a CMO statement has said. The ruling Left front has already begun negotiations to release the land for a proposed farmer producer organisation (FPO) to be launched soon under the leadership of farmers. The beverage manufacturer was finally ready to transfer the land at the outset of the negotiations held under Power Minister K Krishnankutty, it said. The company also offered to provide technical assistance for the construction of a demo farm for the farmers there, the CMO added in a late evening release on Thursday. Coca-Cola closed down its unit at Plachimada in Marc