The Atlanta-based beverage maker is evaluating an IPO for Hindustan Coca-Cola Beverages as India’s capital markets see record activity Coca-Cola is exploring the possibility of an Initial Public Offering (IPO) for its Indian bottling subsidiary, Hindustan Coca-Cola Beverages (HCCB), which could raise about USD 1 billion, according to Bloomberg reports. The Atlanta-based beverages major […]
The initiative blends capacity building with on-ground support, ensuring both retailers and consumers benefit from a stronger, more connected marketplace
Hindustan Coca-Cola Beverages (HCCB), the largest bottling partner of Coca-Cola India, has formalised a Memorandum of Understanding (MoU) with the Gujarat government, affirming a substantial investment of Rs 3,000 crore in the state. The announcement precedes the Vibrant Gujarat Global Summit 2024 scheduled for 10-12 January 2024. The major investment is earmarked for the establishment […]
Hindustan Coca-Cola Beverages (HCCB), the bottling arm of Coca-Cola in India, witnessed a significant upturn in its financial performance for the fiscal year 2023. Data accessed from the business intelligence platform Tofler revealed that HCCB’s net profit more than doubled, soaring to Rs 809.32 crore for FY23. This impressive result followed a 41.51 per cent […]
