Hindustan Coca-Cola Beverages, the Indian bottling partner of Coca-Cola, intends to build a new bottling facility in the new Indian state of Telangana with an investment of about INR10bn ($163.5m).
The company has sought land to construct the proposed facility.
Go deeper with GlobalData
According to an official release, Hindustan Coca-Cola Beverages CEO T Krishnakumar and The Coca-Cola Company executive vice-president and Bottling Investments Group (BIG) president Irial Finan conveyed this proposal when they called on Telangana Chief Minister K Chandrasekhar Rao.
The state government has assured them it will provide its complete support, including identifying suitable land for the proposed facility.
Coca-Cola’s competitor Pepsi has invested around INR12bn ($196m) at Sri City in the state of Andhra Pradesh.
Pepsi also has a beverage manufacturing facility at Sangareddy, in the Medak district of Telangana.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataHindustan Coca-Cola Beverages handles manufacturing, packaging, sale and distribution of beverages under the trademark of The Coca-Cola Company.
BIG, the internal bottling business of Coca-Cola, has revenues of around $8bn, 60,000 employees and operations in South America, Europe, Africa and Asia.
