Coca-Cola’s three Indian bottling partners have announced plans to invest 25,760 crore INR ($2.96 billion) in a new food processing venture, according to limited reports in the Business Standard. The investment commitment has been made by SLMG Beverages, Hindustan Coca-Cola Beverages (Coca-Cola’s wholly owned bottling subsidiary), and the Kandhari Group of Companies, covering the states of Uttar Pradesh, Bihar, Andhra Pradesh, Telangana, Karnataka, Gujarat, Punjab, Rajasthan and Jammu. SLMG Beverages, …
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SLMG Beverages
SLMG Beverages, a subsidiary of Ladhani Group and the largest independent bottler of Coca-Cola in India, has announced plans to invest $1 billion over six years to expand in Uttar Pradesh, Bihar and Uttarakhand. The company will invest around $150 million each year to expand manufacturing capacity, upgrade warehousing, enlarge its logistics fleet, and supplying more coolers and refrigerators. Commenting on the move, SLMG Beverages joint managing director Paritosh Ladhani said: …
SLMG Beverages, a subsidiary of Ladhani Group and the largest independent bottler of Coca-Cola in India, has announced plans to invest INR 8,000 crore ($919.6 million) to set up new bottling plants and expand existing facilities. As part of its expansion strategy, SLMG Beverages is investing 1,200 crore INR ($137.9 million) in a new plant in Buxar, in the state of Bihar, alongside a second bottling facility in the same …
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