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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. ....
This venture is proposed to take HCCB’s total employee strength in the state to more than 1,500 individuals. Himanshu Priyadarshi, chief public affairs, communications, and sustainability officer at HCCB, said, "Our investment in Rajkot is a testament to our belief in Gujarat s potential and our commitment to its people. It is not only about scaling our business operations but also about deepening our roots in a state that has been a key market and a source of inspiration for innovation. ....
Uniindia: Kolkata, Sep 12 (UNI) West Bengal Chief Minister Mamata Banerjee on Monday inaugurated virtually the first greenfield, vertical factory of Hindustan Coca-Cola Beverages (HCCB) at Raninagar in Jalpaiguri district. ....