India: Coca-Cola to build new bottling plant

Hindustan Coca-Cola Beverages (HCCB), the Indian Coca-Cola subsidiary, has announced plans to invest 1,387 crore INR ($166 million) to set up a new bottling plant in Ratnagiri, in India’s Maharashtra state, according to a report in the Economic Times.

The facility will reportedly be spread across an 88-acre site in the Lote Parshuram Industrial area and draw water for its operations from the Vashishthi river.

The plant is set to create 350 direct and indirect jobs, with HCCB adding that it expected 81,000 more people in the state would benefit through its community initiatives.

Active since 1997, HCCB currently has 16 manufacturing facilities spread across 22 of India’s states, manufacturing a range of 60 different products.

The new bottling plant is due to come online in 2025.

Source: Economic Times / HCCB