Coca-Cola to invest $2 bn in India over the next five years
14 Nov 2011
Beverage maker Coca-Cola today announced that its Atlanta-based parent has plans to invest $2 billion in the country over the next five years, starting 2012.
This is the single largest investment that Coca-Cola has planned in India since the starting of its operations 18 years back.
India ranks among the company's top 10 markets by volume globally and is the largest market in Eurasia and Africa.
According to Ahmet C Bozer, Coca-Cola's president, Eurasia and Africa Group, told media persons in Gurgaon today that the investment would capture the opportunity in the Indian non-alcoholic ready-to-drink beverage market, and span across infrastructure, brand building and sustainability programmes.
He added India was among the company's most important growth markets as the company worked toward its vision of doubling system revenues.
Coca-Cola has invested over $2 billion in India since it resumed operations in the country in 1993.