Beverages

Demand in South India, however, still remained slightly weak as summer stocks are yet to be replenished

If this deal, estimated at Rs 6,000-7,000 cr goes through, it would become the largest in the Indian FMVG, surpassing HUL's April 2020 acquisition of Horlicks from GSK for Rs 3,045 cr

Coca Cola is also being very 'open-minded' about two other India-created flavours, Maaza Aam Panna and Fanta Apple Delite

Instant, special, or traditional blends: Indians' choice for their daily cup keeps increasing

The company said it recorded highest-ever quarterly gross billings overall, both for its own brands as well as wine tourism revenues in Q3FY23.

Post listing; the stock price of Sula Vineyards slipped to Rs 345.85, a 3 per cent discount to its issue price of Rs 357 per share on the BSE.

He created affordable soft drink packs of Rasna in the 1970s as an alternative to soft drink products sold at high costs

Energy drink Sting help drive realisations of Pepsi bottler in Q3CY22

Earlier in 2022, Thums Up became the first Indian brand from the company's Indian portfolio to touch $1 billion in sales

Entry of big companies such as Reliance Retail and Tata Consumer Products in the beverages segment is positive and will only help the category to expand, Coca-Cola President (India and Southwest Asia) Sanket Ray said on Tuesday. The entry of the two home-grown majors is a "great opportunity" albeit with enhanced competition and Coca-Cola India would invest to develop the market further and bring innovations to evolve the category and ultimately benefit the consumers, he said here in an interaction. Ray, however, said the entry of Reliance Retail and Tata Consumer Products can result in "some disruptions at the local level" leading to consolidation, but pricing will not be a game changer. "This category penetration is one of the lowest in FMCG. Coke and Pepsi do not have enough budget to get into that," he said when asked how the market dynamics would be with the entry of new players. Reliance Retail had acquired the home-grown brand Campa Cola signalling its intention to enter the

Beverages major Coca-Cola India's profit rose 3.82 per cent to Rs 460.35 crore in FY22 and revenue from operations increased 35.85 per cent to Rs 3,121.29 crore, according to financial data accessed by business intelligence platform Tofler. The cola major had logged a profit of Rs 443.38 crore for the financial year that ended on March 31, 2021, while its revenue from operations in that year stood at Rs 2,297.51 crore. Coca-Cola India's total income in FY22 was at Rs 3,192.17 crore, up 35.54 per cent. It was at Rs 2,355.10 crore in the year-ago period. Its other income also went up 23.07 per cent to Rs 70.88 crore in the financial year ended on March 31, 2022. Total expenses of Coca-Cola India were up 46.35 per cent at Rs 2,548.01 crore in FY22 as against Rs 1,740.92 crore in FY21. The company, which operates with power brands in Indian markets, including Coca Cola, Thums Up, Limca, Sprite, Maaza and Minute Maid, is part of Atlanta-based US beverages major The Coca-Cola Company.

AB InBev, the maker of Budweiser, Corona and Stella Artois, sold 3.7% more beer and other drinks during July-September, a growth rate faster than that seen in the first or second quarters

"We continue to see strong consumer demand for our portfolio and a resilient beer category as we navigate the dynamic operating environment," Chief Executive Michel Doukeris said in a statement

The company said it now sees organic revenue growth of 14% to 15% for the full year. In July, Coca-Cola increased its full-year outlook from 12% to 13%

Coca-Cola India and its bottling partners are investing around USD 1 billion (around Rs 7,990 crore) to expand the production capacity by up to 40 per cent, an official of the beverage major said

At a time when other food and beverage (F&B) brands took a hit during the lockdown, Amul was on a product-launching spree.

However, beverage companies have resorted to different measures to ensure that stocks in the supply chain are not sold with plastic straws

Govt has decided to phase out single-use plastic from the country. So, FMCG companies are now scrambling to find a replacement for plastic straws. Here's an insight into the world of plastic straws

With the government banning plastic straws with effect from July 1, the Rs 6,000-crore small tetra pack industry making beverages have no choice but to shift to paper straws, which are more expensive

Varun Beverage is the second largest bottling company of PepsiCo's beverages in the world outside the US