INDIA: Coca-Cola Co silent on bottled water plant report
By Andy Morton | 24 September 2012
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The Coca-Cola Co is committed to investing US$5bn in India over the next eight years |
The Indian unit of the Coca-Cola Co has declined to confirm local reports that it is building a INR2bn (US$36.9m) production facility for its bottled water brand in the country.
Last week, India's Economic Times said Coca-Cola is to build the country's biggest production facility for bottled water in Gujarat, citing an official involved in the development. The report said the plant will be able to produce 700 bottles a minutes and test new products. It said the facility may also be able to produce carbonated beverages.
The Hindustan arm of the company said it will invest in the Kinley brand, but did not comment further on the reported greenfield project in the western state. “Our plans include investments behind manufacturing and distribution of Kinley in the next two to three years but we are unable to share the exact details at this point,” Hindustan Coca-Cola Beverages said late Friday (21 September).
Coca-Cola has committed to investing US$5bn in India over the next eight years to target the nation's growing demand from newly affluent residents.
Last week, Coca-Cola announced it was splitting its India and South West Asia unit into two separate operations.
Expert analysis
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Coca Cola Bottling Co. Consolidated - Strategy and SWOT Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360° view of the company.Features:- Detailed information on Coca Cola Bottling Co. Consolidated required for business and competitor intelligence needs- A study of the major internal and external factors affecting Coca Cola Bottling Co. Consolidated in the form of a SWOT analysis- An in-depth view of the business model of Coca Cola Bottling Co. Consolidated including a breakdown and examination of key business segments- Intelligence on Coca Cola Bottling Co. Consolidated’s mergers and acquisitions (M&A), strategic partnerships and alliances, capital raising, private equity transactions, and financial and legal advisors- News about Coca Cola Bottling Co. Consolidated, such as business expansion, restructuring, and contract wins- Large number of easy-to-grasp charts and graphs that present important data and key trends
Sectors: Emerging markets – BRIC, Soft drinks
Companies: Coca-Cola Co
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INDIA: Coca-Cola Co silent on bottled water plant report
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