Hindustan Coca-Cola Beverages Declares to Invest Rs. 350 Crore in Madhya Pradesh

By Nancy Tiwari  |  First Published Mar 3, 2024, 3:56 PM IST

Hindustan Coca-Cola Beverages invests Rs 350 crore in Madhya Pradesh to increase production, creating a new standard for the region's industrial growth. At HCCB's Rajgarh factory, the investment will be used to set up two production lines that will produce juice tetra packs and inexpensive small sparkling packs (ASSP).

The Coca-Cola manufacturing company in India, Hindustan Coca-Cola Beverages (HCCB), has disclosed an investment of Rs 350 crore in Madhya Pradesh to establish two manufacturing lines at its Rajgarh factory. According to a release, the announcement, which was made during the Regional Industry Conclave in Ujjain, brings HCCB's total investment in the state to over Rs 660 crore.

The Government of Madhya Pradesh offered its assistance to help HCCB obtain the necessary permits, approvals and clearances in time.

Planned Growth for Increased Output:
The Rajgarh factory will get two brand-new, cutting-edge production lines as a result of the strategic investment, with an emphasis on creating Juice Tetra Packs and Affordable Small Sparkling Packs (ASSP).
This development is expected to have a significant impact on Madhya Pradesh's economy in addition to improving HCCB's industrial capabilities. 

HCCB is a major player in the state's economy, selling almost 10 million cases throughout 29 districts through a network of 149 distributors and 1,27,080 stores, it continued.

HCCP Rajgarh Investment and Beverage Portfolio:
HCCB has demonstrated its long-term commitment to the area by investing over Rs 311 crore in its Rajgarh factory since 2000. HCCB, which has 13 facilities in India, produces and markets 37 distinct products in 8 categories, including well-known drinks like Coca-Cola, Thums Up, Minute Maid, Kinley, and Limca.
This broad range of products not only suits the tastes and preferences of a broad spectrum of customers, but it also establishes HCCB as a major force in the beverage market in India.

Encouraging Economic Prosperity and Industrial Growth:
It is anticipated that Hindustan Coca-Cola Beverages' major development in Madhya Pradesh will serve as a model for future industrial investments in the state. HCCB is proving its significance as a driving force in India's expanding beverage industry by strengthening its production capabilities and boosting the local economy. The company's investment demonstrates both its dedication to promoting the prosperity of Madhya Pradesh and its belief in the state's potential as an industrial hub.
 

Also Read: Reliance might bring British fashion retailer Primark in India
 

Read Exclusive COVID-19 Coronavirus News updates, at MyNation.

click me!