Synopsis
The peak lockdown months coincided with the April-June quarter, which contributes more than half of the packaged beverages industry’s annual sales of over Rs 20,000 crore. The segment lost 40% of its annual sales.
AP
Coca-Cola currently has 17 business units that is reducing to nine to help streamline operations by replacing current business units and groups.
New Delhi: In a rare instance for India Inc., Coca-Cola is re-interviewing employees across functions and roles as the country’s biggest beverage maker restructures operations after a pandemic that took a significant toll on its business. A Coca-Cola India spokesperson confirmed the exercise.