Coca-Cola has announced to invest $2bn in India over the next five years, as part of the company’s $30bn investment plan across the world.
The drinks company said the funds will be used to enhance infrastructure, open new lines in existing bottling plants and the setting up of a new greenfield facility on Karnataka.
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The firm will also invest to build cold-storage assets, expand rural and urban distribution, as well as trucking strength.
Coca-Cola currently operates 56 bottling plants in India, of which 21 are franchise plants, 23 are company-owned and 12 are contract packaging plants.
Last year, the company announced it is aiming to double its global revenues by 2020; in 2010 it accrued $35.11bn.
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By GlobalData
