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Home Investment

Coco-Cola underlines $1.7bn investment with two products

Fiinews by Fiinews
August 4, 2020
in Investment, Manufacturing
Reading Time: 3 mins read
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Strategy for fruit-based beverages

Coca-Cola India, which has committed an investment of US$1.7 billion towards creating a Fruit Circular Economy to aid the Indian Agri-ecosystem till 2023, has a long-term strategy for consumer preferences.

“Coca-Cola remains grounded in its purpose to craft meaningful brands and offer its consumers a choice of drinks that refresh in body and spirit,” said T. Krishnakumar – President, Coca-Cola India and Southwest Asia, while introducing two Indian origin products on 4 August 2020.

“Our long-term strategy entails offering more and more fruit-based beverages in line with consumer preferences. The expansion of our portfolio of nutritious juices under Minute Maid is in line with our aim to nourish every Indian and become India’s first choice in Fruit Nutrition.

“This also marks another step towards our commitment to the nation and its farmers,” assured Krishnakumar.

Reiterating its commitment as a ‘Total Beverage Company with strong local roots’, Coca-Cola India continues to invest in the essence of India by advancing beverage localization, celebrating farmers and catering to the evolving needs of the Indian consumers.

The company introduced two new products under its master brand Minute Maid delivering some of the daily essential nutrition requirements, made with fruits grown by Indian farmers.

#Minute #Maid #Nutriforce and Minute Maid #Vita #Punch offer much needed benefits of, mental agility and immunity, demonstrating a commitment to expand the company’s portfolio of delightful nutrition for everyday occasions.

Expansion of brand Minute Maid with the introduction of the new beverages also underlines @Coca-Cola India’s focus on the ‘Fruit Circular Economy’ initiative, enabling farmers to increase their yield by sourcing fruits to launch fruit-based beverages.

Minute Maid Vita Punch is a range of delicious fruit cocktails crafted from Indian fruit recipes that provide 100% of ones’ daily requirement of Vitamin C to support immunity.

This also marks Coca-Cola India’s entry into the nascent category of immunity-boosting beverages. Minute Maid Nutriforce is designed especially for Indian mothers, who are seek nutritious choices for their growing children.

Minute Maid Nutriforce blends the great taste of Kashmiri apple juice with Iron, Zinc and other essential vitamins that supports cognition and mental acuity and helps children learn faster, which is an important need in these times.

“With the changing times, consumers are now opting for beverage options with health benefits – as their approach towards health and wellness is also transforming drastically,” observed Vijay Parasuraman – Vice President – Marketing, Coca-Cola India and Southwest Asia.

“The new beverages were developed keeping in mind consumers’ requirements as they also adapt to the ‘new normal’. Made with fruits grown on Indian soil by Indian farmers, the latest additions to our delightful nutrition portfolio under Minute Maid Masterbrand are focused on solving real problems of our consumers in these times,” he said.

For the last two years, Coca-Cola’s portfolio of beverage offerings has expanded in a segmented manner. The company has focused on listening acutely to the consumers and offering beverages to match their evolving preferences by going hyperlocal.

Coca-Cola India has also optimized manufacturing and distribution networks to find the best ways to regionalize its business and create more opportunities for its local bottling partners. #juices #softdrinks #refreshments #heath #foods /fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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