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The Economic Times

Business

SLMG Beverages eyes Rs 20,000 cr turnover in 5 yrs, IPO in 3-4 years

Coca-Cola IPO Bihar Uttar Pradesh India

New Delhi: SLMG Beverages, Coca-Cola's second-largest bottler in India, is targeting a turnover of Rs 20,000 crore within five years and plans to list on the stock exchanges before that timeline, according to its Joint Managing Director Paritosh Ladhani.

The company, which holds Coca-Cola's bottling rights for high-density markets in Uttar Pradesh and Bihar, looks to capitalise on India's consumption growth and also explore opportunities in overseas markets.

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