Coca Cola will invest $5 billion in India

[India defense]

Beverages giant Coca-Cola on Tuesday said it, along with its partners, will invest about Rs 28,000 crore ($5 billion) in India by 2020 on various activities, including setting up of new bottling plants.

This investment is higher by $3 billion from the previous announcement made in November 2011 for a period of five years to enhance its operations in India.

"Coca Cola will invest $5 billion in India between now and 2020. This investment in India is a part of $30 billion globally planned by the company. India aims to be among top five countries in Coca Cola's markets. It is at present number seven," chairman and CEO Muhtar Kent told reporters here.

Coca Cola to invest about Rs 28,000 crore in India by 2020 - The Times of India

 

[Bhai Zakir]

Now they are shifting their focus from aerated drinks to healthy options like fruit juices.

 

[Backbencher]

Thats good news but all these **** drinks are not my type now also i prefer thumbs up over coca cola

 

[Bhai Zakir]

Huawei to invest $2 billion in India

Huawei to invest $2bn in India - The Times of India

Sweden-based IKEA, the world's largest furniture maker, will invest around $1.9 billion in India

IKEA to invest $1.9 billion in India

IKEA to invest 1.5 bln euros in India store openings

And now coca cola to invest US $ 5 billion India

India rocks

 

[Jade]

US $ 5 billion!, WHF. I hope India starts the second round of economic reforms, this is the correct time. In the investment world there is this herd mentality.

 

[Rajaraja Chola]

Thats a new move in a developing economy like India !!
Now S&P can change their ratings

 

[Jade]

Thats a new move in a developing economy like India !!
Now S&P can change their ratings

Moody, did not change the outlook.

 

[harpoon]

Thats good news but all these **** drinks are not my type now also i prefer thumbs up over coca cola

But Thumps Up is so hard to come by in my place.

@ Topic: A very welcome move.

 

[Rajaraja Chola]

Moody, did not change the outlook.

Thats the problem...
We cannot trust any single rating agency...

 

[KRAIT]

Problem is not the lack of FDI, problem is the politics that hampers growth. Even if we don't consider opening Retail sector to foreign companies, there are many areas where projects are stuck due to local problem/politics, even it also affect domestic industries too, sometimes.

 

[Uchiha]

Thats good news but all these **** drinks are not my type now also i prefer thumbs up over coca cola

It's nice to be patriotic, but coca cola did the smart thing and bought thumbs up. TBH it's like one of those hipster colas

 

[dunhill]

This is a great news for India and also for Coke drinkers, at least I am not worrying that I have drink with a "Fake in China" Coke.

Congrats India !!!

 

[harpoon]

It's nice to be patriotic, but coca cola did the smart thing and bought thumbs up. TBH it's like one of those hipster colas

Its not being patriotic, Thumps Up beats Coco Cola in taste..but yes, Coco Cola did the smart thing by buying up Thumps Up early on. Judging by the fanbase that Thumps Up still enjoys in India, if the previous owners had played their cards carefully they could have still been a major player in the Indian market.

 

[Uchiha]

Its not being patriotic, Thumps Up beats Coco Cola in taste..but yes, Coco Cola did the smart thing by buying up Thumps Up early on. Judging by the fanbase that Thumps Up still enjoys in India, if the previous owners had played their cards carefully they could have still been a major player in the Indian market.

im not interested in coke much, but coke has an unusually storng fanbase in the whole world- you say one word against coke on the internet and you better get an underground bunker

 

[Skull and Bones]

I like only mango juice.