Published On:August 12 2014
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Coca Cola proposes to set up Rs. 1,000 cr plant in Telangana.
Global soft drinks major Coca Cola proposes to set up a Rs. 1,000 crore plant in Telangana.
The company's executive vice president, Irial Finan, and its India regional head,T Krishna Kumar, met the state chief minister,K Chandrashekar Rao, recently and sought his government's support in this regard.
According to an official press release, Finan told the chief minister that Telangana was biggest market for Coca Cola in the country. He had also assured Rao that the company would participate in the community development programme of the state government.
The chief minister extended his government’s support, including identifying suitable land, for their plant.
Finan and Kumar have also met Andhra Pradesh chief minister, N Chandrababu Naidu, who was reported to have extended his cooperation for expansion of the company's operations in AP. The company executives assured Naidu that they would participate in skill development programmes in collaboration with the government.