Hindustan Coca-Cola Beverages, the Indian bottling partner of Coca-Cola, intends to build a new bottling facility in the new Indian state of Telangana with an investment of about INR10bn ($163.5m).
The company has sought land to construct the proposed facility.
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According to an official release, Hindustan Coca-Cola Beverages CEO T Krishnakumar and The Coca-Cola Company executive vice-president and Bottling Investments Group (BIG) president Irial Finan conveyed this proposal when they called on Telangana Chief Minister K Chandrasekhar Rao.
The state government has assured them it will provide its complete support, including identifying suitable land for the proposed facility.
Coca-Cola’s competitor Pepsi has invested around INR12bn ($196m) at Sri City in the state of Andhra Pradesh.
Pepsi also has a beverage manufacturing facility at Sangareddy, in the Medak district of Telangana.
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By GlobalDataHindustan Coca-Cola Beverages handles manufacturing, packaging, sale and distribution of beverages under the trademark of The Coca-Cola Company.
BIG, the internal bottling business of Coca-Cola, has revenues of around $8bn, 60,000 employees and operations in South America, Europe, Africa and Asia.
