The Hindustan Coca-Cola Beverages will invest up to Rs 600 crores in the first phase to build a state-of-the-art factory at Bandathimmapur that will manufacture juices, enhanced water, packaged water, and sparkling beverages
The Hindustan Coca-Cola Beverages (HCCB) recently announced that it would be setting up the company’s second factory in the state at the Bandathimmapur Food Processing Park, Siddipet district. It already operates a factory at Ameenpur.
HCCB will invest up to Rs 600 crores in the first phase to build a state-of-the-art, digitally enabled, automated, smart factory at Bandathimmapur that will manufacture juices, enhanced water, packaged water, and sparkling beverages. It will also generate numerous jobs, out of which more than fifty percent of them will go to women, a press note from the company said.
Apart from the first phase investment of 600 crores, HCCB will also be subsequently pumping in another 400 crores over the next 4-5 years to take the total investment in the plant to 1,000 crores, Telangana industries minister K Taraka Rama Rao said.
KTR also pointed out that the new facility will double HCCB’s manufacturing capacity in Telangana. HCCB’s Ameenpur facility currently has a peak capacity of around 3,000 bottles per minute. Congratulating the company on the announcements, KTR asserted that the government had valued HCCB’s presence in the state for over two decades.
“By announcing the establishment of a second factory in its 25th anniversary and through strategic partnerships that have been signed up, HCCB’s commitment to the state deepens. I congratulate the company, its employees, and its partners for the milestone of 25 years,” he said.
Juan Pablo Rodriguez, chief commercial officer-bottling investments group, The Coca Cola Company, said: “The market is better positioned than ever before for future success as it sits at the cusp of cutting edge technology, skill and demographic dividend. Investments by companies like HCCB create a win-win relationship. Our investments not only lead to forwarding economic multiplier effects when our suppliers, transporters, raw material handlers, human resource partners, among others, put in additional resources but are also focused on sustainability and CSR…”
Neeraj Garg, chairman & CEO, HCCB, said the new plant would create about 300 direct jobs with a multiplier effect on indirect job opportunities.
The new facility, which will be a digitally enabled, automated smart factory, will have women comprise over 50% of the workforce on the lines of its two new factories at Sanand, Gujarat, and Raninagar, West Bengal, where women account for 40% and 65% of the total workforce, respectively.
The plant will draw nearly 70% of its water requirements from surface water sources like the Kaleshwaram project and the rest through groundwater sources, HCCB officials said.
The company also announced entering an MoU with the Department of Industries and Commerce, Government of Telangana, in the presence of the state Industries minister KT Rama Rao and Principal Secretary for Industries Jayesh Ranjan for capacity building of organisations in the areas of water, solid waste management, and skill-building.
