Coca Cola to invest 250 million dollars in India in next three years

Coca Cola to invest 250 million dollars in India in next three years

US based Coca Cola has just announced their mega acquisition of Glaceau in their home market.

They have now announced their plans to boost their presence in India with an additional investment of 250 million dollars in the next three years.

Coca Cola added that they expect their bottling operations would turn profitable in 2008.

Irial Finan, Head of Coke’s Bottling Operations world wide added about the company’s plans for India: “In bottling operations, the business will move into profitability next year. In one of the months in 2007, we broke even but on the full year basis we are expecting to be in profits in 2008.”

The company added that the investment in India would stay within India as the required infrastructure like coolers and trucks are manufactured in India.