Coca-Cola's acquisition of British coffee chain Costa, its biggest acquisition of a brand in history, faces three challenges in India.
The American, who moved from US Navy to the corporate world, is considered best suited for this role because of her understanding of both production and distribution. Arnab Dutta & Viveat Susan Pinto report.
During the quarter, Coke rolled out its fruit juice brand Minute Maid in select locations such as Mumbai. It also introduced variants of Schweppes tonic in the city. The brands will be rolled out in other metros shortly.
Many say that Atul SIngh has been plain lucky to show heady growth for the company.
The good news for PepsiCo is that the foods segment has normalised much faster to pre-pandemic levels than beverages.
Coca-Cola will, apart from the coming World Cup in England and Wales, feature as the exclusive non-alcoholic beverage partner at all major ICC events -- men's and women's T20 World Cups in Australia in 2020, ICC Women's World Cup 2021 in New Zealand... Also, the World Cup 2023, to be hosted by India.
"We do not have it anywhere else other than the Jharia coal fields in Jharkhand. The quality is also not very good for steel-making. So the Indian steel industry will continue to depend on imported coal," says Arun Kumar Jagatramka, MD, Gujarat NRE Coke.
Coca-Cola India said on Wednesday that the company's Atlanta-based parent has invested $100 million this year to hike bottling capacity, increase the number of distribution outlets and improve efficiencies.
Coke draws up Rs 11k-cr plan to sell frozen fruits, juices. Firm also considering launching frozen Fanta and Coke.
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