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Coca-Cola India Investment Plan on Track - Exec

Source: Reuters
24/04/2009

New Delhi, April 24 - Coca-Cola Co's planned investment of $250 million in India is "absolutely on track", a company official said on Friday.

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"India is a strategic market. We have our investment plans, which are intact," Atul Singh, president for Coca-Cola's India and Southwest Asia business unit, told reporters.

Coca-Cola had announced in 2008 it would invest $250 million over three years in the Indian market, he said.

"Our franchisees can invest as much as they deem appropriate," Singh said.



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