BOTTLING OPERATIONS
Coca-Cola uncaps board control of bottling operations
The Coca-Cola Company's move directly impacts India as Coca-Cola India's wholly-owned bottling company, Hindustan Coca-Cola Beverages (HCCB), was controlled by BIG.
Reliance Retail's FMCG plans stay in fast lane with funds on tap
RCPL has raised a total of ₹1,053 crore as debt capital from the parent company over 14 months, according to the filings. RCPL began operations in November 2022 and completed its first full year in FY24. In the filings, RCPL said the proceeds will be used for business operations. A senior industry executive, aware of the plans, said the funding from the parent into RCPL will continue in this fiscal as well, since Reliance has plans to rapidly grow the FMCG business.
Chhattisgarh Operation: Naxals escape, fake rupee notes seized
Security forces recovered a huge cache of fake currency notes, along with equipment used to print them, belonging to Maoists from Chhattisgarh's Sukma district. The operation was a joint effort by the state police and CRPF, targeting Naxalites using fake currency in Bastar region markets.
Fake Indian currency notes of Rs 100, 500 printed by naxals seized after operation in Chhattisgarh's Sukma
Officials in Chhattisgarh conducted an operation resulting in the seizure of printers, ink, and counterfeit currency allegedly used by naxals in Sukma. Video footage suggests that counterfeit notes in denominations of Rs 100 and Rs 500 were printed by the naxals and confiscated during the operation. Further details about the operation are currently awaited.
Coca-Cola offers a $1-billion swig to India Inc families
Coca-Cola India is seeking to sell a minority stake in its subsidiary, Hindustan Coca-Cola Beverages, following PepsiCo's model of outsourcing bottling operations to Varun Beverages Ltd.
Costa Coffee posts 49 pc rise in revenue to Rs 152 cr in FY24, adds 67 new stores
British coffee chain Costa Coffee reported a 49 per cent growth in revenue from operations to Rs 151.8 crore in India, Devyani International Ltd said in the annual report. Its gross profit stood at Rs 116.6 crore, up 45 per cent from the year-ago period, it said.
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Covid scare is gone, but at-home consumption of alcohol sticks
According to latest data from global alcohol market analysts IWSR, 79.2% of alcobev volume sales in India last calendar year were ‘off-premise’, or outside bars and restaurants. While this share has come down from 82.4% in 2022, it is still higher than 72.5% during the pre-pandemic year of 2019.
Summer products sales go off the charts
Demand for ACs surges in India as retailers face shortages, leading to production challenges for brands like Haier. Voltas office saw a retailer camping out for stock, while managing director Pradeep Bakshi dealt with high demand and depleted inventory.
Amid the heatwave, a Re 1 water brand is out to upend branding with social impact
A husband-wife duo takes an unusual approach to advertising their product to ensure they can sell affordable drinking water.
Shift towards sustainable packaging is helping companies minimise environmental impact, improve operational efficiency
There is a growing consumer demand that presents a mine of opportunities for businesses to reevaluate business strategies in terms of eco-friendly packaging.
Maharashtra: NCB busts interstate drug racket, seizes 3,600 Nitrazepam tablets, codeine syrup bottles in Thane, two held
The Narcotics Control Bureau (NCB) has busted an interstate drug syndicate, arresting two individuals at Kalyan Railway Station in Thane. The seizure included 3,600 Nitrazepam tablets and 270 bottles of Codeine syrup. The syndicate, operating across Maharashtra and Karnataka, was targeted based on intelligence indicating plans to smuggle drugs into the Mumbai Metropolitan Region. The arrested individuals confessed to procuring the drugs for distribution in Mumbai, Thane, Kalyan, and other areas. The NCB is conducting further investigations to apprehend other members of the syndicate and dismantle the network.
Coca-Cola earns $290 mn from India by divesting its bottling operations in Jan-Mar
In the March quarter, the Coca-Cola Company earned USD 290 million from India by refranchising its bottling operations in three key markets. Hindustan Coca-Cola Beverages divested its company-owned bottling operations in Rajasthan, Bihar, Northeast, and parts of West Bengal to existing bottlers, resulting in net gains of USD 293 million. Despite a 2 percent decline in unit case volume in the Asia Pacific market zone, the company saw growth in the India market.
Water bottles may be impacted as BIS standards to be enforced soon
Since a majority of players currently import the potable water bottles in copper, stainless steel and aluminium, they may need to set up their own manufacturing units in India. “The BIS order regarding compulsory use of the standard marks may lead to accelerated sector formalisation and create competitive advantages for larger and compliant players,” the ICICI report added.
How Amazon became the largest private EV charging operator in the US
In a little more than two years, Amazon has installed more than 17,000 chargers at about 120 warehouses around the US.
Coca-Cola's largest bottler SLMG appoints Costin Mandrea as CEO
Costin Mandrea appointed CEO of SLMG Group's Coca-Cola operations, leading transformation initiatives and enhancing market presence in Uttar Pradesh and Uttarakhand with a bottling franchise.
Best Baby Feeding Bottle Sterilisers in India to Ensure a Healthy Start
Are you looking for a good steriliser for your baby’s feeding bottle? If so, then continue reading this article where we have curated a list of the best baby feeding bottle sterilisers in India which are readily available on Amazon. All of these options are loved by the existing parents and we are sure you would like them too.
Hindustan Coca-Cola Beverages to invest Rs 350 cr in Madhya Pradesh
Hindustan Coca-Cola Beverages (HCCB) has announced a Rs 350 crore investment in Madhya Pradesh to set up two manufacturing lines at its Rajgarh plant. The investment will boost HCCB's manufacturing capabilities and contribute to the state's economy. The Madhya Pradesh government has assured support for HCCB in obtaining necessary permissions and approvals.
Coca-Cola to increase capacity in India after “robust growth”
“A significant portion of our expected capital investment increase is to build capacity for Fairlife (global dairy business) and for our India business, both of which experienced robust growth in 2023," Coca‑Cola’s president and chief financial officer John Murphy said in a fourth-quarter and full-year earnings call on Tuesday.
Coca-Cola's bottling arm to transfer more operations to Indian partners
The northeast market and some areas of West Bengal will be owned and operated by Moon Beverages, which currently has franchise operations for Delhi and Uttar Pradesh. Sanjeev Agarwal, chairman of MMG Group and promoter of Moon Beverages, also operates McDonald's in northern and eastern India. The Rajasthan market will be owned and operated by Kandhari Global Beverages which comprises Enrich Agro Food Products and Kandhari Beverages.
Coca-Cola's bottling arm HCCB announces sell-off of select operations to franchisee bottlers
Coca-Cola's bottling arm HCCB announces refranchising of operations in select territories in India to three existing franchise bottlers, Moon Beverages, SLMG Beverages, and Kandhari Global Beverages. Hindustan Coca-Cola Beverages (HCCB), a subsidiary of Coca-Cola, is transferring bottling operations in three territories. The strategic business transfers aim to bring scale and contiguity to the business, accelerate the Coca-Cola system, and allow Coca-Cola to focus on brands and strategy.
Varun Beverages: India's bottling baron Ravi Jaipuria has found more fizz this year
Since 1991, when PepsiCo entered India and Varun Beverages started working with it, the company has come a long way to bottle all the Pepsi that India drinks today, growing by acquiring other bottlers as well as bagging more territories from the American giant.
Singapore to phase out bottled water at Govt meetings, cut on air conditioning
Singapore is implementing sustainability measures such as phasing out bottled water at meetings and maintaining indoor temperatures at 25 degrees Celsius in government buildings to reduce environmental impact, according to the GreenGov.SG report by the Ministry of Sustainability and the Environment. While public sector emissions have decreased by 5.3% compared to the baseline year of FY2020, emissions are expected to rise with increased infrastructure construction until around 2025 before decreasing in line with the goal of achieving net-zero emissions around 2045.
Coca-Cola India bottling arm to invest Rs 3,000 crore in new Gujarat facility
The venture would take HCCB’s total employee base in the state to more than 1,500, the statement said. HCCB’s existing network in Gujarat includes 285 distributors and over 2.2 lakh retailers, it added.
Why Coca-Cola is looking for fizz in a different bottle
Introducing an alcohol brand in India, Coca-Cola is strategically investing in the liquor market, propelled by an expanding middle-class, predominantly youthful demographic, evolving lifestyles and a demand for premium offerings. India stands as one of the most alluring and rapidly expanding alcoholic beverage markets globally, ranking third in volume after China and the US.
The reality of recycling is appalling. But we can fix it.
Recycling has been called a "myth" and "beyond fixing" as we've learned that recyclables are being shipped overseas and dumped (true), are leaching toxic chemicals and microplastics (true) and are being used by Big Oil to mislead consumers about the problems with plastics.
Coca-Cola's bottling arm in talks to sell some units
The beverage company had sold some of its bottling plants in 2019, but the divestment process got disrupted due to the pandemic. Coca-Cola wants to divest asset-heavy bottling operations in India to focus more on brands and strategy, in line with its global policy. The three independent franchise bottlers are the MMG Group, the Ladhani Group and the Kandhari Group, people aware of the development said.
Coca-Cola India bottling partner SLMG Beverages opens new facility in Amethi
SLMG Beverages, a bottling partner of Coca-Cola India, has inaugurated a new facility in Trishundi, Amethi, Uttar Pradesh, with an investment of approximately INR 700 crore. The plant has six production lines for beverages in sparkling, juices, and water categories with sustainable packaging solutions.
6 Best Electric Hot Water Bottles For A Portable Comfort (2023)
If you are looking for the perfect travel companion that can be used to brew a hot beverage in no time, explore our curated selection of high-quality electric hot water bottles. Discover unique styles, sturdy designs, and a variety of convenient features. Scroll to know more.
Coca-Cola halts production at franchisee bottling plant in Uttar Pradesh
The "information received" was not about the Coca-Cola brand, the company told ET in response to a questionnaire. Coca-Cola said the bottling facility is owned and operated by one of its independent franchise bottlers, SLMG Beverages. The American company operates in India through its own bottling company and through a bunch of independent bottling companies.
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