With a vision of adding new manufacturing lines, Coca-Cola bottling firms Kandhari Beverages and Enrich Agro Food Products confirmed an investment of Rs 510 crore in Haryana. The authorised franchise bottlers of Coca-Cola India signed a pact with the state government to expand their manufacturing infrastructure.
As per the testimony by both the brands involved, a fresh, combined infusion of Rs 510 crore would create an additional direct employment for 325 people.
As a per the pact, Kandhari Beverages will invest Rs 300 crore to set up multiple high speed manufacturing lines for juice, energy and sparkling drinks at Saha in Ambala and will be completed by 2018.
On the other hand, Enrich Agro Food Products will invest Rs 165 crore to set up a new manufacturing line for beverages in Rohtak by 2018. It will also invest Rs 45 crore in a packaging unit for Coca-Cola.
Kandhari Beverages Pvt Ltd Executive Director Bikram Kandhari said that the investment in question will be utilised to enhance infrastructure in the bottling facilities and setting-up new manufacturing lines.
The pacts were signed between these two brands during the Happening Haryana Global Investors' Summit-2016 in Gurgaon.