Hindustan Coca – Cola Beverages Ltd., the bottling arm of Coca Cola in India is planning to setup two Greenfield plants at Ahmedabad and Nellore at the cost of Rs. 1000 crores according to a top official at Coca Cola. HCCBL currently operates twenty six bottling plants in India which caters to 65% of Coca Cola’s bottling requirements in India. “We are setting up two greenfield plants at Ahmedabad and Nellore. Sanand (Ahmedabad) will be commissioned this year and Nellore next year”, HCCBL chairman and chief executive officer (CEO), T. Krishnakumar said. “Between the two plants, over the next three years, the investment would be at least Rs. 1,000 crores. The two plants would add 4-5% of our capacity”, he added. Read more on Coca Cola
HCCBL also plans to setup a plant at the cost of Rs. 750 crores at Hoshangabad, Madhya Pradesh, later this year. The plant will cover 110 acres of land and is expected to be commissioned by January, 2018. The foundation for the plant has already been laid. The Greenfield plants would house multiple bottling lines for carbonated beverages such as Coca-Cola, Sprite, Fanta, Thumbs Up, Limca, juices and juice – based drinks like Minute Maid and Maaza, packaged drinking water as well as Kinley soda. Last year, HCCBL had suspended manufacturing at a few of its plants. T. Krishnakumar said that the closure or opening of new plants is to establish a supply chain that meets the demand from consumers. “Our supply chain was set up in 1997-98, with certain geographical thought process, with a certain portfolio thought process. From 1997 to 2016, the whole landscape has changed. We have a different mix, we have a larger portfolio and we have a larger choice. We constantly need to re – engineer our supply chain to match that demand pattern that we have established”, T. Krishnakumar said. Read more on Startup News
From Entrepreneurs to Wannapreneurs, Technopreneurs, and Socialpreneurs every one is attending Xelerate India 2017 Register Here to attend the event.