Kotak said Britannia Industries, Colgate-Palmolive and Nestle India will be the most impacted, while Godrej Consumer Products Ltd (GCPL), ITC, Jyothy Labs and Varun Beverages Ltd (VBL) will remain the least impacted by the new plastic waste management.
Across the world, Red Bull is a popular energy drink and one of the most sold. Indeed, Red Bull created the energy drinks market in India. But in the last few years, the brand has lost out, both in volume and value to PepsiCo’s Sting. What happened?
Coca-Cola India-owned bottling company Hindustan Coca-Cola Beverages (HCCB) is planning an initial public offering (IPO), betting on growth prospects in the country of 1.4 billion people, said executives aware of the development.
Hindustan Coca-Cola Beverages IPO: Coca-Cola s bottling operations in India are handled by HCCB and half a dozen franchisees that manufacture and distribute fizzy drinks Coke, Thums Up and Sprite, juices Minute Maid and Maaza, and Kinley water. Bottling is split evenly between HCCB and the franchisees.