Soft Drinks

Campa Cola challenge: Coke blinks first, cuts 200 ml bottle prices by Rs 5

This move comes at a time when demand for cold beverages increases as temperatures start to soar

Indian soft drink market likely to see significant growth: Varun Beverages

The Indian soft drink market is expected to see "significant growth" as consumption is anticipated to increase steadily, which will deliver sustainable and healthy volume growth across all product categories, said Varun Beverages Ltd (VBL), PepsiCo's largest franchise bottler. This would be driven by factors such as shifting population demographics, the rising spending power of young consumers, accelerated urbanisation, and growing rural consumption. The company is in the process of further expanding its capacities to meet the higher demand expectations, said VBL in its latest annual report. Its distribution model and on-the-ground end-to-end infrastructure facilities continue to be the key growth drivers and VBL remains committed to extending it to newer areas and under-penetrated regions to further boost its market presence," it added. While from an operational standpoint, VBL continues to focus on new product categories and evolving customer preferences. Launch of new products

Nostalgia, bottled and brought back: Reliance rolls out the Campa crates

While Reliance hopes the gamble on the brand's popularity in the 1970s will pay off, experts feel it may not connect with the millennials, who are the major consumers of aerated drinks today

A Jio moment in cola war? Reliance ups the ante with iconic brand Campa

Brand to be launched across the country, beginning with Andhra Pradesh and Telangana

Top headlines: MSCI to review Adani Group securities, Maaza to go global

Business Standard brings you the top headlines at this hour

Thums Up, Maaza to go global as Coca Cola bets on 'Indian' flavours

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

Companies protest WHO guidelines to increase taxes on soft drinks

Higher global taxes on carbonated drinks have not led to decline in consumption, say firms

Rasna founder Areez Khambatta passes away at 85 due to cardiac arrest

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

Sprite now a $1 billion brand in India: Coca-Cola CEO James Quincey

Quincey told investors, "India had a knock-out quarter clearly they are having a very strong run this year. He also said that the company is looking to continue to invest strongly in the country.

Coca-Cola beats profit estimates in Q3, raises full-year guidance

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%

Remember Campa Cola? It is set to return as Reliance Retail acquires brand

Reliance acquired Campa from Delhi-based Pure Drinks Group for around Rs 22 crore. It is expected to relaunch the drink in its iconic cola, lemon, and orange flavour in October

'Best-ever quarter volumetrically': Coca-Cola on growth in India in Q2

In the second quarter, Coca-Cola Company's sparkling soft drinks grew 8 per cent, which was "primarily led by India, Mexico and Brazil", said the Atlanta-headquartered firm

Coca-Cola logs 6% unit case volume growth on better sales in India, others

India is one of the leading markets for Coca-Cola

Coca-Cola raises revenue forecast as demand rebounds on reopening boost

Coca-Cola Co raised its full-year sales and profit forecasts on Wednesday, as demand bounces back from pandemic lows for its beverages following the re-opening of theaters, restaurants and stadiums.

Infosys in strategic tie-up with Europe's top soft-drink maker Britvic

IT major will deliver European client's transformation roadmap and operations across applications, cloud infra, service management and end-user computing

Beverage firms betting big on launches to add fizz to summer sales

The out-of-home market typically contributes two-third of the sales of beverage companies, said experts

ABT enters wellness segment with flavoured drink under 'Mirakle' brand

Mirakle is more effective than oral vitamin C capsules and the absorption rate of nutrients in the drink is 98 per cent

Improved earnings visibility, debt pruning boost shares of Varun Beverages

Volume recovery, expansion in new geographies and debt reduction are key positives

Beverage industry urges govt to reduce GST on soft drinks, packaged water

The beverage industry has urged the government to remove aerated drinks fromthe sin tax category and reduce rate on juice-based drinks under the GST regime. Reduction of taxes on juices would give a boost to local horticulture sector and improve the lives of farmers, from which the industry sources fruits, Indian Beverage Association (IBA) said in a statement. IBA in a letter to Finance Minister Nirmala Sitharaman, who also heads the GST Council, has suggested placing the packaged drinking water in a lower slab of 12 per cent from the existing 18 per cent. The aerated beverages are currently placed under the highest GST slab of 28 per cent with a compensation cess of 12 per cent. "This high GST levy of 40 per cent on aerated beverages is against the stated policy of the government to maintain parity between pre-GST and GST regimes," IBA said, adding that aerated beverage is the only product in the entire food category subjected to compensation cess. It has also urged to revise "th

SC slaps Rs 5 lakh fine on petitioner seeking ban on Coca Cola, Thums Up

The apex court said the petitioner's counsel failed to disclose 'why two specific brands in particular are chosen to be the target of the proceedings and what the source of his assertions'