The Coca-Cola system is targeting an additional $3 billion investment in India through 2020 to further capture growth opportunities in the country's nonalcoholic ready-to-drink beverage market. With this $3 billion investment, the Coca-Cola system currently intends to invest $5 billion in India from 2012 to 2020.
The Coca-Cola Co. and its bottling partners have robust plans to capture growth in India with investments in innovation, expansion of distribution network, cold drink equipment placement and augmentation of manufacturing capacity.
Currently, Coca-Cola India system directly employs over 25,000 people and is expected to have created indirect employment for more than 150,000 people in related industries through its vast procurement, supply chain and distribution system. The investments announced today by Coca-Cola would further catalyze economic growth and create new opportunities for local communities.
Globally, The Coca-Cola Co. and its bottling partners are investing over $30 billion over the next 5 years to support anticipated growth.
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by RTT Staff Writer
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