Hyderabad : Telangana Chief Minister A. Revanth Reddy on Monday assured Hindustan Coca-Cola Beverages (HCCB) of his government’s help and co-operation towards ensuring ease of doing business for the company.
A senior-level delegation of the HCCB led by Himanshu Priyadarshi, Chief of Public Affairs, Communications, & Sustainability (PACS) met the Chief Minister and briefed him about their company’s total investment of more than Rs 3,000 crore in Telangana.
This includes the ongoing greenfield project at Bandatimmapur of Siddipet district.
The HCCB delegation assured the Chief Minister of their commitment to continue to contribute towards the community development of the region.
In 2022, the HCCB had announced that it will set up a second factory in Telangana with an investment of Rs 1,000 crore.
It was announced that a carbonated beverage, juice, and water plant would be located at the Food Processing Park in the Siddipet district’s Bandathimmapur.
For the future plant, 49 acres of land have been set aside by the state government. In order to bring the total investment to Rs 1,000 crore in five years, the company intended to invest Rs 600 crore in the plant in the first phase and an additional Rs 400 crore in subsequent phases.
This is going to be HCCB’s second bottling facility in Telangana. As a result, the company’s manufacturing capacity should double over the next ten years to meet the region’s sales needs.
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