The song Yesko Coca-Cola is very popular in the Telugu states. The drink has been there for ages in the Country and now some of the market of his cola has been taken over by Pepsi, Sprite , Maaza and other drinks.
But Coca-Cola remains. Now Coca-Cola has decided to double its investments in Telangana. These will be apart from the Hindustan Coca-Cola Beverages plant in Ameenpur and will include the greenfield plant that is under construction in Siddipet.
The management of Coca-Cola, who met a Telangana delegation led by Minister KT Rama Rao in New York, said
HCCB has committed an additional investment of Rs.647 crore to install new lines in the Siddipet plant, which is expected to be completed by Dec 2024.
A second greenfield manufacturing facility with a similar scale is being envisaged in the Karimnagar/Warangal region. With this new facility, the total investments of Coca-Cola in manufacturing capacities will exceed Rs.2,500 crore.
This is one of the fastest capacity expansions by Coca-Cola in recent times. Stars like Mahesh Babu, Allu Arjun, Ranveer Singh have been advertising for Colas and getting huge remuneration.
