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Indian Coca-Cola Co bottlers to invest US$76m

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Two franchise bottlers for The Coca-Cola Co in India are to invest INR5.1bn (US$76m) in new production lines.

Coca-Cola is investing heavily in India

Coca-Cola is investing heavily in India

Kandhari Beverages and Enrich Agro Food Products, both in Haryana state, said this week the injection will help create 325 jobs in the region. Kandhari Beverages will invest INR3bn in multiple high speed manufacturing lines for juice, energy and sparkling drinks while Enrich Agro will put INR1.65bn into a new manufacturing line and INR450m into a packaging unit.

Enrich Agro has been a franchise bottling partner for Coca-Cola in India since 1993. It is headquartered in Gurgaon and has two manufacturing facilities, in Gurgaon and Rohtak. Kandhari Beverages is based in Chandigarh and operates three manufacturing facilities, in Ambala, Nabipur and Baddi.

India is a key market for Coca-Cola, which has seen falling volumes for CSDs in core Western markets. The company has already invested more than US$2.5bn in the country and plans to spend a further $5bn by the end of 2020. In the past 20 months, it has opened three green-field sites in India, it said.

In 2014, Coca-Cola launched Coke Zero in India.


Sectors: Soft drinks

Companies: The Coca-Cola Company

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