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INDIA: Coke's Indian operations up 34% in Q1

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Sales at Coca-Cola's Indian operations have leapt 34% in the first quarter ended March 31, 2002, compared to the same period last year.
 
A company release said that the carbonated sector had experienced double-digit growth thanks in aprt to new pack sizes, new products and a revamped distribution network. These included the roll-out of a 200ml glass bottle for the rural market.

"Our new initiatives have started paying dividends. We are on target and see exciting times ahead," said Sanjiv Gupta, Deputy President, Coca-Cola India.

Coca-Cola India's distribution network now extends to more than 3,500 villages and opened 50,000 outlets, the company said.

The company will continue to release new products, it said.


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