Coca-Cola plans bottling plants in Andhra & Telangana

HYDERABAD: Coca-Cola has shown interest in setting up mega-bottling plants in Andhra Pradesh and Telangana, involving Rs 1,000 crore of investments in each plant. A team led by the Coca Cola global executive vice-president Irial Finan met the chief ministers of Andhra Pradesh and Telangana — N Chandrababu Naidu and K Chandrasekhar Rao, respectively — in Hyderabad on Monday.

Pointing out that Telangana was one of their largest markets, the Coca-Cola representatives told Rao that they were interested in setting up a mega plant involving an investment of Rs 1,000 crore and sought government’s support.

Andhra Pradesh CMO said Coca-Cola team also evinced interest to participate in backward integration projects in agriculture for fruits like oranges and mangoes.