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Thursday, November 14, 2024

Hindustan Coca-Cola Beverages to establish advanced beverage facility in Gujarat

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Hindustan Coca-Cola Beverages (HCCB), a prominent player in India’s soft drinks industry, has entered into a memorandum of understanding (MoU) with the Government of Gujarat to set up an advanced Juice and Aerated Beverages facility in Rajkot. The anticipated commencement of operations for the facility is in 2026.

Under this MoU, the Government of Gujarat has committed to providing extensive support to facilitate Hindustan Coca-Cola Beverages (HCCB) in securing all necessary permissions, registrations, approvals, and clearances within a time-bound framework, in accordance with the state’s policies and regulations. According to an official communication, the resulting investment is poised to establish a substantial industrial footprint, fostering significant economic and social growth in the region.

Himanshu Priyadarshi, Chief Public Affairs, Communications, and Sustainability Officer at HCCB, said, “This MoU is a milestone in our journey with Gujarat, which has been enriched with mutual growth and trust over the last 27 years. Our investment in Rajkot is a testament to our belief in Gujarat’s potential and our commitment to its people. It is not only about scaling our business operations but also about deepening our roots in a state that has been a key market and a source of inspiration for innovation.”

HCCB currently operates two facilities within the state – one situated in Goblej in the Kheda district and another in Sanand in the Ahmedabad district. With the implementation of this initiative, the company’s overall workforce in the state is projected to surpass 1,500 individuals. Additionally, HCCB maintains a network of approximately 285 distributors and serves over 224,000 retailers across Gujarat.

HCCB, in a statement, said, “This MoU with the Government of Gujarat is a reaffirmation of HCCB’s dedication to Gujarat and a reflection of the state government’s efforts in promoting industrial growth and community development. As Gujarat continues to attract major investments, this partnership with HCCB underscores the state’s position as a leading destination for business and social progress.”

HCCB caters to 2.5 million retailers, 3,500 distributors, and employs 6,000 individuals nationwide. Based in Bangalore, it operates from 16 factories strategically located throughout the country, extending its reach to 22 states, 3 Union Territories, and 376 districts in South, West, and Eastern India. The company offers a diverse portfolio of 60 products across seven categories. Among its well-known products are Coca-Cola, Thums Up, Sprite, Minute Maid, Maaza, SmartWater, Kinley, Limca, and Fanta.

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