Coca-Cola to invest US$5b in India by 2020
Coca-Cola and its local bottlers said Tuesday they intend to invest US$5 billion in India by 2020 – US$3 billion more than originally planned – after posting major growth there earlier this year.
The investment should enable the group to double its sales in the country by the end of the decade, CEO Muhtar Kent said in a company statement.
Coca-Cola was first allowed into India in 1993, a move that signaled the opening of the now fast-growing Asian economy.
The boost in investment announced today represents a major expansion for the company, which has invested just US$2 billion in India in the last 19 years.
The country is already one of the top ten largest markets for Coca-Cola.
Surging sales in emerging markets like India, China and Brazil gave earnings at Coca-Cola a solid boost in the first quarter of this year, the company said in April.
The Atlanta, Georgia-based company said global volume and value share grew across its entire range of non-alcoholic drinks.
Volume growth was a hot 20 percent in India and nine percent in China, while in mature markets it was steady – two percent in North America, and three percent in both Germany and Japan.
The growth was strongest in its still beverage divisions, which include bottled water, bottled and canned coffee and tea, and sports and energy drinks.
The world’s leading producer of non-alcoholic popular beverages includes the brands Coke, Fanta, Sprite, Vitaminwater, Powerade, Minute Maid, and Del Valle.
Source AP
THE ONLEE COCA COLA WORTH DRINKING IS VITAMIN WATER AND SMART WATER, PERIOD! COCA COLA TO INVEST 5BILLION KEEPING SUGARWATER IN INDIA=GROSS!! THAT IS WHY SEW MANY INDIANS SUFFER FROM DIABETES=WHAT ARE YUE LOOKING TO KILL THEM ALL IN ONE DRINK TO MAKE UP FOR THE NATIONAL DEBT AND SUPPORT OBAMACARELESSNESS?? BAN SUGARWATER!!!
DON’T YUE DARE POUR ANY SUGAR ON MEE BC I’LL DIE FROM DIABETES!! COMPRENDE ASSHOLES?? WIE ALL KNOW THAT YUE ARE TRYING TO TURN POOR INDIAN CHILDREN INTO COKEHEAD ADDICTS TO SUPPORT THE OBAMA CAMPAIGN!! TAKE YOUR COKE AND SHOVE IT DOWN YOUR OWN THROAT!! SHAME ON YUE COKE PUSHERS!!! 🙁
COKE HEAD COLA!
THE KENNEDY’S MADE THE SOUTH AMERICANS BUY AND LOVE COCA COLA=EXPENSIVE 100% SUGAR IN A BOTTLE FOR A TREMENDOUS PROFIT AND SOLD POISON IN A BOTTLE DURING THE PROHIBITION TO ANYONE AND EVERY ONE WHO HAD THE MONEY TO BUY IT=THE KENNEDYS ARE 100% BEHIND THE OBAMAS AND ARE HELPING THEM TO RAISE MONEY!!
The Kennedys of Massachusetts
ALWAYS KEEPING THE INTEREST OF EVERY AMERICAN CITIZEN ER “SUZY NOBODY” CLOSE TO THEIR HEARTS REGARDLESS OF THEIR STATION IN LIFE WITH THE 10FT GATES AND SECURITY GUARDS SURROUNDING THEIR PROPERTIES! I AM SEW SURE THAT YOUR INVITATION TO THE NEXT KENNEDY SOIREE IS IN THE MAIL=THEY MAY HAVE SENT IT TO THE WRONG ADDRESS BY ACCIDENT! 🙂
The Kennedys of Massachusetts
Melli likes coke…..
http://www.youtube.com/watch?v=ZuWRENke2i8&feature=youtube_gdata_player