Hindustan Coca-Cola Beverages to Invest in Madhya Pradesh | 04 Mar 2024

Why in News?

Hindustan Coca-Cola Beverages (HCCB), the bottling arm of Coca-Cola in India, has announced a Rs 350 crore investment in Madhya Pradesh for setting up two manufacturing lines at its Rajgarh plant.

Key Points

• The announcement was made during the Regional Industry Conclave in Ujjain.
• The fresh infusion of capital will see the introduction of 2 new, state-of-the-art manufacturing lines at HCCB's factory in Rajgarh, that will produce Affordable Small Sparkling Packs (ASSP) and Juice Tetra Packs.
• HCCB has already invested over Rs 311 crore in Madhya Pradesh since 2000 in its Rajgarh plant.
  • The company operates 13 factories spread across India, where it manufactures and sells 37 different products across 8 categories.