Coca-Cola Partners Jubilant Bhartia Group to Strengthen India Operations

The Coca-Cola Company has announced a strategic partnership with the Jubilant Bhartia Group, acquiring a 40% stake in Hindustan Coca-Cola Holdings (HCC Holdings), the parent company of Hindustan Coca-Cola Beverages(HCCB), the bottling arm of Coca-Cola in India.

This collaboration aligns with Coca-Cola’s vision to deliver quality products and foster sustainable, long-term growthin India, leveraging opportunities in one of the world’s largest markets. By joining forces with the Jubilant Bhartia Group, Coca-Cola aims to strengthen its position and drive growth through locally owned franchise partners.

Sanket Ray, President of Coca-Cola India, expressed his enthusiasm for the partnership:
"We welcome the Jubilant Bhartia Group to the Coca-Cola System in India. Their rich expertise across diverse sectors will accelerate our efforts to win in the market and create greater value for local communities."

Juan Pablo Rodriguez, CEO of Hindustan Coca-Cola Beverages, described the partnership as a pivotal milestone:
"This strategic investment complements our strengths, ensuring we continue delivering exceptional value to stakeholders while fostering innovation and sustainability."

Shyam S. Bhartia, Founder and Chairman, and Hari S. Bhartia, Co-Chairman of the Jubilant Bhartia Group, expressed their excitement:
"The Coca-Cola Company represents some of the most respected global brands. Together, we will leverage opportunities to grow the business and bring Coca-Cola’s refreshing portfolio to more Indian consumers."

This partnership underscores Coca-Cola’s commitment to innovation, local engagement, and delivering value while contributing to India’s dynamic beverage market.