Hindustan Coca-Cola Beverages Opens New Facility in Telangana

Share:    

Dec 02, 2024 21:07

Telangana Chief Minister A Revanth Reddy inaugurated Hindustan Coca-Cola Beverages' new facility in Siddipet district, representing an investment of over Rs 2,000 crore. The factory is expected to create 410 jobs.
Hyderabad, Dec 2 (PTI) Telangana Chief Minister A Revanth Reddy on Monday inaugurated Hindustan Coca-Cola Beverages' (HCCB) state-of-the-art Greenfield factory at Banda Thimmapur in Siddipet district.

Built on 49 acres, the facility represents a planned investment of over Rs 2,000 crore (USD 251 million), of which Rs 1,400 crore has already been utilised in the current phase, according to a press release from HCCB.

This marks the company's second factory in Telangana.


Equipped with seven advanced production lines, the factory is expected to create direct and indirect employment opportunities for 410 people.

“HCCB's investment in Banda Thimmapur underscores Telangana's position as a hub for global industrial investments. We are committed to fostering an environment that supports business growth. HCCB's holistic approach will generate jobs, uplift local communities, and contribute to regional development,” the Chief Minister said, as quoted in the release.

The inauguration ceremony was attended by key dignitaries, including Ministers Duddilla Sridhar Babu, Ponnam Prabhakar, and Konda Surekha, as well as Juan Pablo Rodriguez, CEO of HCCB, and other senior company leaders, the release added.
Share:    

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

See More >

Moneywiz Live!

Home

Market News

Latest News

International Markets

Economy

Industries

Mutual Fund News

IPO News

Search News

My Portfolio

My Watchlist

Gainers

Losers

Sectors

Indices

Forex

Mutual Funds

Feedback