Hindustan Coca-cola Beverages

Bhartia family to acquire 40% stake in Hindustan Coca-Cola for Rs 12,500 cr

The Jubilant Group's Bhartia family is investing Rs 5,000 crore and the remaining amount is being financed by Goldman Sachs, which has pledged to fund a special purpose vehicle for the deal

Coca Cola proposes $1 billion deal to top four Indian business families

Coca-Cola India has approached four of the top Indian business families, seeking an investment of up to $1 billion as it eyes further expansion in the country

Global beverage major Coca-Cola bullish on India; sees strong year ahead

The Atlanta-based fizzy drink major said that unit case volumes for the entire quarter grew 1 per cent

Hindustan Coca Cola Beverages announces Rs 350 cr investment in MP

Expansion in Rajgarh elevates total investment in state to Rs 660 cr

Hindustan Coca-Cola Beverages achieves carbon neutrality at K'taka plant

Hindustan Coca-Cola Beverage Pvt Ltd, one of India' leading FMCG companies, on Wednesday announced that its bottling plant in the Bidadi Industrial Area in Ramanagara has been certified as carbon neutral. This is the first bottling plant of Coca-Cola in India and the Southwest Asia region, to achieve this significant milestone according to the international standard PAS 2060, the company said in a statement. The prestigious certification by DNV, the globally accredited registrar and classification society, will be issued to Hindustan Coca-Cola Beverage Pvt Ltd (HCCB) in May 2024. This achievement aligns with HCCB's ambition to reach Net Zero by 2050 and to reduce its greenhouse gas (GHG) emissions across its value chain by 25 per cent by 2030, the statement said.

Coca-Cola India's bottling arm refranchises operations in 3 regions

Move will bring scale and contiguity to business, says bottling arm of Coca-Cola

Hindustan Coca-Cola Beverages plans to invest Rs 3,000 crore in Gujarat

Hindustan Coca-Cola Beverages (HCCB) Ltd -- the bottling arm of beverage major Coca Cola in India -- on Wednesday said it is planning to invest Rs 3,000 crore in Gujarat to set up a state-of-the-art facility to manufacture juice and aerated beverages in Rajkot, which is projected to commence operations in 2026. "The investment is expected to create a considerable industrial footprint, fostering substantial economic and social growth in the region," HCCB said in a statement. "The Government of Gujarat, in turn, has assured comprehensive support to facilitate HCCB in obtaining all necessary permissions, registrations, approvals, and clearances, in a time-bound manner," said an HCCB statement. HCCB already operates facilities at Goblej in Kheda district and Sanand in Ahmedabad district. Now, HCCB's total employee strength in the state will more than double to 1,500. "We foresee this project as a catalyst for regional development, bringing in new opportunities for local talent and ...

Coca-Cola conducting pilot test of its alcohol-based beverage, Lemon-Dou

For the test run, the beverage has been priced at Rs 230 for a 250 ml can and is being sold in Goa and some parts of Maharashtra

Coca-Cola set to invest Rs 3,000 crore to install new plant in Sanand

Once the plant begins operations, it will have a workforce of about 400 persons in operational and engineering roles

HCCB to launch Rs 1,387-crore Maharashtra greenfield factory in Feb

The facility will utilise water sourced from the Vashishti River, supplied through the MIDC pipeline

Beverage giant Coca-Cola joins ONDC, launches marketplace Coke Shop

The initial association with ONDC is being supported through SellerApp, which will help the company leverage the ONDC network with its data-driven insights, market intelligence, and strategies

Hindustan Coca-Cola Beverages FY23 net profit doubles to Rs 809 cr

Hindustan Coca-Cola Beverages (HCCB) Ltd, the bottling arm of beverage major Coca-Cola in India, net profit jumped two-fold to Rs 809.32 crore for FY23, according to data accessed by business intelligence platform Tofler. The company, which operates 16 factories spread across India, recorded a 41.51 per cent rise in its revenue from operation to Rs 12,735.12 crore for FY23, it said in a filing to the Registrar of Companies. In the preceding financial year (FY22), HCCB's net profit was Rs 377.14 crore, while its revenue from operations stood at Rs 8,999.30 crore. However, other income of HCCB in FY23 fell 29.48 per cent to Rs 105.27 crore. Its total income for FY23 was Rs 12,840.39 crore, up 40.35 per cent. Its total income was Rs 9,148.59 crore in FY22. HCCB's operating expenses rose 39.79 per cent to Rs 11,191.26 crore for the financial year ended March 2023. "After two consecutive years of Covid-related disruptions and business impact, your company has delivered an impressive .

HCCB, Tamil Nadu skill development corporation to train 5,000 youth

Leading fast-moving consumer goods major Hindustan Coca-Cola Beverages Pvt Ltd has partnered with the Government of Tamil Nadu to skill 5,000 individuals, the company said on Sunday. Under the government's 'Naan Mudhalvan' scheme, the strategic partnership with the government-owned Tamil Nadu Skill Development Corporation, would aim at training 5,000 youths under sales and marketing verticals. As per the partnership, Hindustan Coca-Cola Beverages Pvt Ltd would serve as the main contact for Tamil Nadu Skill Development Corporation and would offer orientation, programme materials besides conducting online and offline training sessions, a company statement said here. The initiative by Hindustan Coca-Cola Beverages Pvt Ltd would also facilitate interactions with industry leaders, connect learners with local industries and provide entrepreneurial opportunities at 'zero cost' to the aspiring individuals. "The state is home to one of our oldest factories and over the years, we have taken

Hindustan Coca-Cola Beverages invests Rs 660 crore in new West Bengal plant

Firm says plant, the second in the state, is completely digitised and employs 100 people directly and another 150 people indirectly

Hindustan Coca-Cola Beverages ramps up clean energy capacity

The company has been able to offset 46,500 tonnes of carbon emission per annum with solar and wind energy and 30,000 tonnes of carbon emission per annum using biomass fuel in its boilers

Covid-19: Hindustan Coca-Cola Beverages to allow permanent work from home

Hindustan Coca-Cola Beverages said it has introduced an option of permanent work-from-home for its employees whose physical presence in the office is not required as part of a new policy

Coca-Cola moves out of bottling ops in North India, to divest three plants

While the bottling company currently has 18 plants, after the transfer it will be left with 15 plants in the southern, western, and eastern parts of the country

Hindustan Coca-Cola to invest Rs 1,000 cr to set up two plants

HCCBL currently operates 26 bottling plants & covers about 65% of bottling operations for Coca-Cola

Hindustan Coca-Cola Beverages shuts Dasna unit

According to India Resource Center (IRC), the firm was running the plant without a no-objection certificate (NOC) since January 2015