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Coca-Cola Earnings: Coca-Cola earns $290 mn from India by divesting its bottling operations in Jan-Mar, ET Retail

Coca-Cola Earnings: In the March quarter, the Coca-Cola Company earned USD 290 million from India by refranchising its bottling operations in three key markets. Hindustan Coca-Cola Beverages divested its company-owned bottling operations in Rajasthan, Bihar, Northeast, and parts of West Bengal to existing bottlers, resulting in net gains of USD 293 million. Despite a 2 percent decline in unit case volume in the Asia Pacific market zone, the company saw growth in the India market. ....

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Coca-Cola earnings: Coca-Cola earns $290 mn from India by divesting its bottling operations in Jan-Mar

In the March quarter, the Coca-Cola Company earned USD 290 million from India by refranchising its bottling operations in three key markets. Hindustan Coca-Cola Beverages divested its company-owned bottling operations in Rajasthan, Bihar, Northeast, and parts of West Bengal to existing bottlers, resulting in net gains of USD 293 million. Despite a 2 percent decline in unit case volume in the Asia Pacific market zone, the company saw growth in the India market. ....

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Coca-Cola Looking To Dips Into India's Alcoholic Beverage Market

In a bid to diversify its beverage portfolio, Coca-Cola has begun market trials for its Lemon-Dou alcoholic beverage in select regions of India, marking the company's inaugural venture into the alcohol sector. This move is reflects Coca-Cola's ambition to establish itself as a comprehensive beverage provider., Companies News, Times Now ....

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