Coca-Cola seeks $1 billion investment from leading Indian business families.
In a significant strategic step, Coca-Cola India has approached four of the country’s most renowned business families with an investment proposition worth up to $1 billion. This ambitious plan calls for the sale of a piece of its wholly-owned bottling business, Hindustan Coca-Cola Beverages (HCCB), in order to strengthen its market presence in India. Targeting…