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Coca-Cola plans Rs 1k cr bottling plant in Telangana

Coca Cola plans Rs 1k cr bottling plant in Telangana HYDERABAD: Coca Cola has expressed its interest to set up a mega plant with an investment of Rs 1,000 crore in Telangana and sought government’s support for the proposed venture.

Company’s executive vice-president Irial Finan and regional head of India T Krishna Kumar along with their team called on chief minister K Chandrasekhar Rao at the Secretariat here on Monday.

The delegation also called on AP chief minister N Chandrababu Naidu earlier in the day. Later Chandrababu Naidu tweeted that he had a very fruitful discussion with them. The AP government will find land for Coca Cola for locating one or two mega bottling plants, a press release said.

After meeting KCR, the delegation members said Telangana is the biggest market for Coca Cola and expressed the company’s interest to set up a mega plant. They even assured that they will participate in the community development programmes of the government.

The chief minister assured the delegation of full support from his government, including identifying suitable

land for the proposed plant, the release said.

Telangana chief secretary Rajiv Sharma, principal secretary to chief minister S Narsinga Rao, Telangana Industrial Infrastructure Corporation MD Jayesh Ranjan were present on the occasion.

Adani Meets KCR

Adani Group of Companies chairman Goutham Adani called on chief minister K Chandrasekhar Rao at the Secretariat on Monday. During his interaction with KCR, Adani explained about his company and the various activities it had taken up. “We will be able to produce 20,000 MW of power by 2020 and will supply it to needy states,” Adani said. On the other hand, the chief minister spoke about the Telangana government’s new industrial policy, to be unveiled soon, and its salient features including the single window clearance. KCR also elaborated on how the government had identified industrial lands and its plans to develop it before allocating it to companies. “Though we have everything needed for setting up industries, the only thing missing is power,” the chief minister said and added that government would be more than happy if the Adani Group came forward with ideas to ease out power problems of the state.

– PTI