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Coca-Cola to build capacity in India after ‘robust’ growth in 2023

Livemint · 1y

Beverage giant Coca-Cola plans to reinvest a significant portion of its capital investment increase to expand its capacity in India and support the growth of Fairlife, its American dairy drinks brand. In addition to experiencing robust growth in India and Brazil, the company expects to generate $9.2 billion in free cash flow in 2024. Coca-Cola has been expanding its capacity in India through its bottling subsidiary, Hindustan Coca-Cola Beverages, and currently operates 54 plants across the country.