Coca Cola to invest Rs 1,000 crore in second factory in Telangana

Apr 7, 2022

[ad_1]

HYDERABAD: FMCG main Hindustan Coca-Cola Drinks is establishing its second manufacturing unit in Telangana on the Bandathimmapur Meals Processing Park in Siddipet district at an funding of Rs 600 crore within the first part. HCCB already has a facility at Ameenpur in Telangana.
The digitally enabled and automatic good manufacturing unit can be arising on an almost 49-acre land parcel allotted by Telangana State Industrial Infrastructure Company (TSIIC) and is predicted to be prepared for industrial manufacturing by 2023 finish.
The manufacturing unit will manufacture juices, enhanced water, packaged water and glowing drinks. The power can be drawing water from the Kaleshwaram undertaking for its necessities.
Aside from the Rs 600 crore that HCCB will make investments phase-1 of the brand new facility, it should even be pumping in one other Rs 400 crore subsequently over the following 4-5 years to take the entire funding within the plant to Rs 1,000 crore, stated Telangana industries minister KT Rama Rao on Thursday.
HCCB additionally inked an MoU with the Telangana authorities to enter right into a long run strategic partnership for capability constructing in water conservation and administration by business, stable waste administration and talent growth to spice up employment. To start out with HCCB will work with the Telangana Academy for Talent and Information to impart talent coaching to over 10,000 youth over the following two years.



[ad_2]