Coca Cola to invest $5b in India by 2020
New Delhi - Arabstoday
Coca Cola, the world’s largest beverage firm, plans to invest $5 billion in India over the next eight years on expanding its bottling and other business capacities, company chairman and chief executive officer Muhtar Kent said on Tuesday. “We plan to invest $5 billion in Indian business between now and 2020. This represents an increase of $3 billion beyond what we had previously committed to investing in this market,” Kent said at a media interaction here. He said the company was “very bullish” on India and would invest heavily across the value chain to expand business.
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