Hindustan Coca-Cola Beverages to invest ₹600 crore on new plant in Telangana

Nearly 49 hectares allocated by TSIIC in Bandathimmapur Food Processing Park, facility to be ready by 2023

Nearly 49 hectares allocated by TSIIC in Bandathimmapur Food Processing Park, facility to be ready by 2023

Hindustan Coca-Cola Beverages, the bottling plant of beverage giant Coca-Cola in India, is set to set up its second plant in Telangana with an investment of ₹600 crore.

The company, whose existing factory in the state is in Ameenpur, near Hyderabad, has been allocated 48.53 acres in Bandathimmapur Food Processing Park, Siddipet district, by Telangana State Industrial Infrastructure Corporation for the proposed facility. It will be a state-of-the-art, digitally assisted, automated, smart factory for the production of juices, enhanced water, packaged water and sparkling beverages and is expected to be ready for commercial production by the end of 2023.

HCCB will invest ₹600 crore in the first phase, followed by another ₹400 crore in subsequent phases over the next five years, Telangana Industries and IT Minister KT Rama Rao told a program on Thursday that will see the company also present three Memoranda of Understanding. with the national government.

Women will make up 50% of the workforce at the new factory, he said, assuring the company with support and prompt approvals. The minister urged the drinks producer to bring industrialized products to the market and said the government could facilitate the local sourcing of mangoes and sweet lime for the company, which will also benefit producers.

“The prevailing industrial ecosystem and industrial climate in Telangana has encouraged them to double production capacity. This one [new] factory will provide capacity for the next ten years of sales in the region,” said Mr. Rao.

Chairman and CEO Neeraj Garg said: “We appreciate the support and encouragement we are getting from the state…will soon begin work on the new greenfield [project]† While 300 direct jobs are to be created, the factory multiplier effect through indirect jobs, local sourcing will be greater.

When asked, senior executives from HCCB said water for the plant, like other units at the Food Park, will come from the Kaleswaram project. About the production capacity of the factory and the amount of water required, they said grainy details were being worked out.

The Memoranda of Understanding, signed in the presence of the Secretary and Chief Commercial Officer, Bottling Investments Group of the Coca-Cola Company Juan Pablo Rodriguez, addresses capacity building of organizations in the field of water; garbage management; and skill building.

HCCB said in a release that it will carry out capacity building for existing and emerging water-intensive industries in Telangana to improve water efficiency and improve wastewater management and reuse, as well as improve solid waste management. In collaboration with the TASK of the Government of Telangana, HCCB will provide skills training to more than 10,000 young people in two years.

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