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Hindustan Coca-Cola inks MoU with Gujarat govt for new unit in Rajkot

Thursday, 14 Dec 2023
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Hindustan Coca-Cola Beverages (HCCB) has inked a memorandum of understanding (MoU) with Gujarat government to establish a new facility for juice and aerated beverages in Rajkot. The upcoming facility will be in addition to HCCB’s facility at Sanand in Ahmedabad district and Goblej in Kheda district.

For the development of this new facility, the company is likely to invest Rs 3,000 crore and operations would commence in 2026. The investment is expected to create a considerable industrial footprint, bolstering substantial economic and social growth in the region.

The company's latest investment is for scaling its business operations and strengthening its presence in the state. Furthermore, this venture is proposed to take HCCB’s total employee strength in the state to more than 1,500 individuals.

HCCB, the bottling arm of The Coca-Cola Company, network in the state includes nearly 285 distributors and over 224,000 retailers.

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