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The Hindu
The Hindu
National
N. Ravi Kumar

Beverages major Coca-Cola to ramp up investment in Telangana

Telangana CocaCola Rama Rao Siddipet AliveCor HCCB

Beverages major Coca-Cola plans to ramp up investment for additional lines at its upcoming plant in Siddipet district as well as evaluate prospects of setting up a green field manufacturing facility in the Karimnagar/Warangal region, Industries and IT Minister K.T.Rama Rao’s office said on Saturday.

Coca-Cola, whose bottling arm Hindustan Coca-Cola Beverages has one of the largest plants in Ameenpur and which in 2020 was expanded with a ₹142 crore investment, is establishing a new greenfield plant in Siddipet. In April 2022, HCCB had signed an MoU with the State government with a commitment to invest ₹1,000 crore on the new facility.

“Bolstered by the support from Telangana government... strong growth in the region, HCCB has committed an additional investment of ₹647 crore to install new lines” at the upcoming facility. The plant is expected to be completed by December 2024, Mr.Rama Rao’s office said following a meeting the visiting Telangana delegation led by the Minister had with James Mc Greevy, vice president-PPGR of Coca-Cola in New York.

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