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Coke, partners to invest $2 billion in India over 5 years


PTI | New Delhi, November 14, 2011 18:40
Tags : Coke | partners | invest $2 billion | India | coca cola |

In one of its single biggest investments, beverage major Coca Cola and its partners will invest USD 2 billion (around Rs 10,000 crore) over the next five years to enhance its operations in India and set up a new plant.

"Along with our partners, we will invest USD 2 billion in India in the next five years. Apart from China and US in the past, this is one of our single largest investment in a country," Coca Cola Eurasia and Africa group president Ahmet C Bozer told reporters here.

India is one of the most important growth markets for Coca Cola and the investment is being made as a part of the company's 2020 vision of doubling system revenues globally, he said.

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Issue Dated: Feb 5, 2017