Coca-Cola to re-align operations in South West Asia
MUMBAI, Sept 13
MUMBAI, Sept 13 (Reuters) - Coca-Cola Co said on Thursday it will re-align its operations in South West Asia and make India, a key growth market, a separate operating region.
The change will be effective Oct. 1, the company said in a statement.
The juices business, a high-growth segment, will remain with the South West Asia region, which will now comprise Bangladesh, Sri Lanka, Nepal, Bhutan and Maldives, the statement added.
In November 2011, Coca-Cola said it will invest $2 billion over the next five years and $5 billion by 2020 in India.
- Tweet this
- Share this
- Digg this
- Lightning, rain fail to deter resolute Hong Kong protesters
- OPEC oil output hits highest since 2012 on Libya, Saudi-Reuters Survey
- Kurds seize Iraq/Syria border post; Sunni tribe joins fight against Islamic State
- Obama, Modi work to deepen improving U.S.-India ties
- Obama, Modi discuss trade, climate, Islamic State at White House