Coca-Cola India

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Coca-Cola India
TypePrivate
IndustryConsumer goods
Founded1892
Headquarters
Gurgaon, India
Area served
India
Productsbeverages
Number of employees
25,000 (direct)
ParentThe Coca-Cola Company
Websitewww.coca-colaindia.com

Coca-Cola India is a subsidiary of The Coca-Cola Company and operates in India. [1][2][3][4][5][6]

Background[]

The Coca-Cola Company started operating in India in 1950. However, in 1977, they withdrew operations from the country in protest of regulations and legislation by the Government of India limiting the dilution of equity of multinational corporations. On October 24, 1993, they decided to re-enter the market, and have maintained a strong presence ever since.[citation needed]

Sustainability[]

The company supports sustainable development and inclusive growth by focusing on issues relating to water, environment, healthy living, empowerment of women, sanitation and social advancement.

Coca-Cola India launched the 5by20 initiative in 2010, which is the company’s global program to economically empower 5 million women entrepreneurs across six industries by 2020.

Coca-Cola India and NDTV launched the Support My School initiative in association with the UN-Habitat, Charities Aid Foundation (CAF) in 2011. It undertakes activities such as providing improved access to water, sanitation facilities for adolescents, improving school infrastructure, supporting environmental causes, building sports and recreational facilities, and recharging groundwater through rainwater harvesting in government schools in rural and semi-urban areas across India.

Controversy[]

Coca cola sales in India declined 11% in the third quarter of 2003 due to "false" allegations by the Delhi-based Centre for Science and Environment (CSE), which said the top 12 soft drink brands of PepsiCo and Coca-Cola contained pesticides and insecticides in excess of the limits set by the European Economic Commission (EEC).[7]

References[]

  1. ^ Mitra, Sounak (2014-11-25). "Coca-Cola's concentrates arm makes money". Business Standard India. Retrieved 2016-12-09.
  2. ^ Chowdhry, Seema (November 8, 2012). "Atul Singh: Genie in a bottle". Mint. Retrieved December 9, 2016.
  3. ^ PTI. "Coca-Cola India to make 'Maaza' $1 bn brand by 2023". The Hindu. Retrieved 2016-12-09.
  4. ^ "Coca Cola launches Minute Maid `pulpy orange'". The Hindu Business Line. 2007-02-20. Retrieved 2016-12-09.
  5. ^ Ambwani, Meenakshi Verma (2016-01-25). "Coca-Cola to launch milk drinks in India". The Hindu Business Line. Retrieved 2016-12-09.
  6. ^ "Coca-Cola to launch Fuze range of tea to widen its healthy beverages portfolio". The Economic Times. Retrieved 2016-12-09.
  7. ^ "Coca Cola sales fall by 11% on pesticide controversy". Business Standard.

External links[]

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