Coca-Cola’s ₹2,091 Crore Telangana Investment: Boost for Industry and Jobs

Coca-Cola Invests $251 Million in New Telangana Factory, Boosting Jobs and⁣ Local Economy

Banda Thimmapur, Telangana – telangana Chief minister A. Revanth Reddy ⁢hailed Coca-Cola’s massive investment in a new state-of-the-art factory in Siddipet district’s Banda Thimmapur as a testament ⁤to the state’s growing appeal as a global industrial hub.The⁢ $251 million greenfield ‍facility, inaugurated by ‍Reddy on Monday, is expected to generate direct and indirect employment for over 400 people. ⁤

“This investment underscores Telangana’s commitment to creating a business-friendly habitat that attracts major global players like Coca-Cola,” Reddy said. “Hindustan Coca-Cola ⁣Beverages’ holistic approach not only creates jobs and uplifts communities but also ⁣substantially contributes to the region’s development.”

The 49-acre factory, HCCB’s⁤ second⁢ in Telangana,⁤ boasts seven ‍advanced production lines and represents a significant expansion of the company’s ⁣presence in the state. With a total planned investment‍ of Rs 2,091 crore, the current phase has already utilized⁣ Rs 1,409 crore.”HCCB’s investment in Banda Thimmapur is a prime ⁣example ‍of how industrial growth‍ and sustainability ‍can go hand in hand,” said Telangana‍ Industries Minister Duddilla Sridhar‍ Babu. “This greenfield factory is a major addition⁢ to Telangana’s industrial landscape, ensuring sustainable growth and prosperity for the region.”

Juan Pablo Rodriguez,⁢ CEO of⁤ HCCB, praised the Telangana government’s support in facilitating quick ‍approvals, enabling the ⁤company to commence production despite various ⁣challenges.

“This is a significant step in HCCB’s growth journey and a reaffirmation of our commitment to Telangana,” Rodriguez said. “This state-of-the-art factory combines advanced manufacturing technology with sustainable ‍practices, positioning it as ⁤a benchmark in our industry.”

The new factory complements ‍HCCB’s existing facility in Ameenpur, Sangareddy district.together, they⁤ represent a ‍combined investment of Rs 3,798 crore and provide employment for over 1,000 individuals,⁤ highlighting HCCB’s considerable and growing presence in Telangana.

Telangana’s Newest‍ Factory Creates Jobs and ⁢Economic Boost with Coca-Cola Investment

Banda Thimmapur, Telangana – The Telangana government is celebrating a major⁣ victory for economic progress as Coca-Cola unveils a brand new, state-of-the-art factory⁢ in Banda Thimmapur.Representing a⁢ $251 million ‍investment, the⁣ facility is set to generate over 400 direct and indirect jobs, ⁤considerably impacting the local economy.

Telangana Chief Minister A. Revanth Reddy⁣ praised the move, stating, “This ⁣investment underscores Telangana’s commitment to creating‍ a business-amiable‍ habitat that attracts major global players like Coca-Cola.”

The ⁢49-acre facility, Hindustan ⁢Coca-Cola Beverages’ ⁤second in Telangana, boasts seven advanced production⁢ lines. This ⁢initial phase of the project has already utilized Rs 1,409⁣ crore out of a total planned investment of⁣ Rs 2,091 crore.

Telangana Industries Minister‍ Duddilla Sridhar Babu highlighted the factory’s commitment to sustainability, saying, “This ⁣greenfield factory is a major addition to telangana’s industrial landscape, ensuring sustainable⁣ growth and prosperity for the region.”

HCCB CEO Juan Pablo Rodriguez expressed gratitude⁢ for the Telangana government’s ‍support and emphasized the factory’s advanced technology⁤ and sustainable practices.

This new facility complements HCCB’s existing plant in Ameenpur, Sangareddy district. combined, ‍both factories represent a Rs 3,798⁣ crore investment and provide employment for over 1,000 individuals, solidifying HCCB’s notable and growing presence in Telangana.