Creative Bharat
India’s food processing sector received a major boost on Thursday as Reliance Consumer Products Ltd (RCPL) and three Coca-Cola bottlers announced a combined investment exceeding Rs 65,000 crore, signaling strong corporate confidence in the industry’s growth potential. The commitments were unveiled on the opening day of the World Food India Summit, which is scheduled to […]
Rs 3,745 cr investment cleared by Cabinet pane (Image credits: ANI) In a major boost to both industry and agriculture in Telangana, the state’s Industrial Promotion Cabinet sub-committee has approved investments worth Rs 3,745 crore from three multinational companies. The projects are expected to generate direct employment for 1,518 people.Deputy chief minister Bhatti Vikramarka Mallu, […]
Coca-Cola reported a 58% rise in net income to $3.8 billion for the April-June quarter, even as global case volumes fell by 1%, with higher prices helping the beverage giant offset sluggish sales, particularly in Latin America.Revenue for the quarter rose 1% to $12.5 billion, while adjusted revenue stood at $12.6 billion—in line with Wall […]
US President Donald Trump claimed on Wednesday that Coca-Cola has agreed to swap high-fructose corn syrup for real cane sugar in its soft drinks sold in the United States, following his personal request to the company.“I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have […]
Challenging Coca-Cola & PepsiCo: Reliance to invest up to Rs 8,000 crore in Campa, beverages expansion over next 15 months Reliance Consumer Products (RCPL), the FMCG arm of Mukesh Ambani-led Reliance Retail, is set to invest between Rs 6,000 crore and Rs 8,000 crore over the next 12–15 months to scale up its beverage portfolio, […]
The Coca-Cola Company is optimistic about expanding its portfolio of billion-dollar brands, with India playing a key role in this growth trajectory, said Henrique Braun, Executive Vice President and Chief Operating Officer, on Thursday.Speaking during his visit to Mumbai, Braun highlighted the significance of India in the company’s global growth strategy. He noted that Coca-Cola […]
Mumbai: India alongside China and Brazil drove volume growth for American beverage giant Coca-Cola in the March quarter even as the company had to contend with a weakening consumer sentiment in developed markets like the US which weighed on its share of volume gains in the regions.The firm’s consolidated volume grew 2% during the quarter. […]
Coca-Cola has expanded its farm productivity programme “Project Unnati” to 13 States and Union territories, covering six more key crops apart from mango, which was the first crop to be taken up initially in 2011. Rajesh Ayapilla, Senior Director-PACS-Sustainability and CSR for India and South West Asia (INSWA) at The Coca-Cola Company, told businessline in […]
Mumbai: Coca-Cola is planning to slash the price of its 400 ml PET bottles to Rs 20 from Rs 25 earlier, distributor sources told TOI. The revised prices are likely to be implemented in a week at least in the Southern markets of Tamil Nadu, Karnataka and Kerala. Coca-Cola did not respond to queries. “Since […]
