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Coca-Cola India plans to be US $2.5 bn FMCG giant by 2020

Coca-Cola's Indian arm on Monday announced plans to become a fast moving consumer goods (FMCG) giant worth US $2.5 billion by 2020, the realisation of which would involve some restructuring. To this end, the company aims to open one million...

Coca-Cola India to focus on strategic portfolio expansion by entering the Beverage Plus category

The Ministry of Food Processing Industries, Government of India and Coca-Cola India, today signed a Memorandum of Understanding towards investing in the Agri-ecosystem of the country. Under this enabling agreement signed at the World Food India event, The Coca-Cola Company, its...

Food processing will be a main industry in future: Jaitley

The entire Indian agriculture value chain is set to change drastically and food processing is going to be a main industry in the future, Finance Minister Arun Jaitley said on Friday at World Food India 2017, even as event's...

Ministry of Food Processing Industries and Coca-Cola India ink MoU for investment in agri ecosystem

The Ministry of Food Processing Industries, Government of India and Coca-Cola India, has signed a Memorandum of Understanding towards investing in the Agri-ecosystem of the country. Under this enabling agreement signed at the World Food India event, The Coca-Cola...

Pepsico India to counter malicious campaign on popular snack food

Pepsico India Holdings Private Ltd is taking measures to assure consumers about the safety of Kurkure, in the wake of malicious rumours that the popular snack food contains plastic, said a senior company official. "I don't know on what grounds the rumour...

Coke wants India to be No.3 market

As it expects the volume turnaround momentum to continue in India, The Coca-Cola Company wants the country to be "the no. 3 market" in the future from the present sixth slot. According to a PTI report: Describing India as "a...

GST Impact: Coca-Cola to hike prices of aerated drinks; reduce that of packaged drinking water

Beverages major Coca-Cola India today announced hiking prices of its aerated beverages while reducing that of packaged drinking water brand Kinley on account of upcoming GST regime. The company said aerated beverages have been the worst hit category with the...

Coca-Cola to contribute US $1.7 bn to India's agri ecosystem in 5 years

Beverages multinational Coca-Cola's Indian arm on Monday said it will contribute over US $1.7 billion in the agri ecosystem of the country over the next five years. According to the company, close to US $800 million of this contribution would...

Coca-Cola to axe 1,200 jobs amid falling demand for fizzy drinks

Coca-Cola plans to cut 1,200 jobs as it deepens its cost-cutting initiatives in response to sluggish soda sales. The job cuts account for about one percent of the soda giant’s 100,300 employees. The soda giant said it would trim the...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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