speedy Summary
- Kandhari Global Beverages is seeking more bottling opportunities from Coca-Cola, both in India and internationally.
- The company recently acquired Coca-Cola’s North Gujarat bottling operations and aims to double its turnover from Rs 4,500 crore within 5-6 years.
- Coca-Cola is adopting an asset-light model by franchising regional operations globally.
- Kandhari Global currently operates in multiple Indian regions and wants to expand beyond national boundaries.
- The company plans critically important investments over the next decade in various aspects including supply chain and sustainability, funded through internal accruals. the deal is estimated around Rs 2,000 crore.
- Despite competition like Reliance’s Campa Cola entering the market,Kandhari remains confident about its product range and strategy.
- Coca-Cola has been gradually transferring assets to partners like Kandhari in India.
Indian Opinion Analysis
Kandhari Global Beverages’ strategic acquisition of North Gujarat’s bottling units aligns with Coca-Cola’s global shift towards a franchise model. This move allows local entities to manage operations efficiently while perhaps leading to increased domestic production capabilities.With an eye on international opportunities, Kandhari seems poised for considerable growth backed by substantial planned investments. This approach could strengthen india’s position as a key player in the global beverage market. Meanwhile, facing aggressive competition from companies like Reliance can stimulate innovation within the industry but requires maintaining competitive pricing strategies.Read More
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