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Coca-Cola plans to invest $5 billion in India by 2020
June 26, 2012 / 9:06 AM / 5 years ago

Coca-Cola plans to invest $5 billion in India by 2020

Bottles of Coca Cola are seen in a store display in New York February 9, 2010. REUTERS/Lucas Jackson

NEW DELHI (Reuters) - Coca-Cola Co (KO.N), the world’s largest soft-drinks maker, plans to invest $5 billion in India by 2020, Chairman Muhtar Kent said in the Indian capital on Tuesday.

Last November, the company had said it plans to invest $2 billion in India over the next five years to expand its non-alcoholic, ready-to-drink business in India.

Reporting by Anurag Kotoky

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