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This is an archive article published on April 24, 2009

Coke not to hold back India investments

Coca Cola said its USD 250-million investments in India are on track and will not hold it back.

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Global beverages major Coca Cola said its USD 250-million investments in India are on track and will not hold it back,notwithstanding the global economic downturn.

“India is strategic market. We had announced an investment plan of USD 250-million,to be invested over the three years. Those plans are intact,” Coca Cola India President and CEO Atul Singh said.

The company would continue to invest on infrastructure and bottling line as required,he added.

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