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Coca Cola commits Rs 2,700 crore investment in Uttar Pradesh
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Saturday, 25 January, 2025, 14 : 00 PM [IST]
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Our Bureau, New Delhi
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Coca Cola has committed an investment of Rs 2,700 crore in Uttar Pradesh, with the signing of a memorandum of understanding (MoU), between the state delegation, led by chief secretary Manoj Kumar Singh, and executive vice president and COO of Coca Cola, Henrique Braun.
The partnership aims to expand Coca Cola’s bottling plant network and distribution channels in the state through Moon Beverages and SLMG Beverages.
SLMG Beverages will contribute approximately Rs 2,000 crore, while Moon Beverages will invest around Rs 700 crore over 2025-26. These funds will enhance bottling infrastructure, driving economic growth and generating employment opportunities in the region.
Key officials present at the signing ceremony included secretary to the chief minister, Amit Singh, ACEO of Invest UP, Prathmesh Kumar, and UPNEDA director, Anupam Shukla.
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