Hindustan Coca-cola Beverages Pvt. Ltd

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

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

Coca-Cola renews its partnership with ICC for another eight years

The agreement includes partnership for all men's and women's events which include the ICC Cricket World Cups, ICC T20 World Cups, and ICC Champions Trophies through the end of 2031

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 ...

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

As HCCB plans to sell its bottling business, senior officials bid adieu

The list of officials who resigned includes Neil Comerford who was executive director (ED) of the sales and commercial department, ED, HR Indrajeet Sengupta, among others

Hindustan Coca-Cola appoints Melvin Tan as new chief financial officer

Announcing the appointment, Ruggiero said, Tan brings in the best practices of the global Coca-Cola system, along with his strong background in accounting and financial management.

Coca-Cola and its bottling partners in India plan to invest $5 bn till 2020

The largest bottling unit of the US-based beverages, which had announced its goal in November, has also unrolled state-wise business plans this year