Hindustan Coca-Cola Beverages (HCCB) completes 25 years.Announces a series of initiatives to mark the occasion in Odisha

~HCCB will enhance manufacturing capacity at its factory in Khorda Industrial Estate with an
investment of Rs. 300 crores

~This will create employment opportunities for another 200 people
~ HCCB will plant 1 lakh saplings in Odisha to celebrate 25 years
~It will further expand the intake numbers of youth to its Career Development Center, which
skills to enhance employability

Bhubaneshwar, May 18, 2022 – Hindustan Coca-Cola Beverages (HCCB), one of
India’s top FMCG companies, will celebrate its 25 th anniversary with a series of
initiatives in Odisha, planned through the year. While it will invest another Rs. 300
crores in expanding manufacturing capacity at its factory in Khorda Industrial Estate, it
also plans to plant 1 lakh trees in the state. In addition, HCCB will enhance the intake of
educated, unemployed youth to its Career Development Center (CDC). The center
imparts skills that enhance the employability of the youth.

HCCB’s factory in Khorda Industrial Estate currently has 5 manufacturing lines that
produce juices and sparkling beverages. The company has already invested Rs. 500
crores in this facility. It has now bought an additional land parcel of 20 acres from IDCO
to undertake expansion and further augment manufacturing capacity. HCCB will invest
another Rs. 300 crores thereby taking the total investment to Rs. 800 crores. The
factory employs 550 people directly and 1,000 people indirectly. This expansion will
create another 200 jobs.

To commemorate its 25 years of operation in India, HCCB plans to plant 25 lakh trees
across the country including 1 lakh trees in the state of Odisha. This is over and above
the 13,000 fully grown up trees at the Khorda factory.
Mr. Neeraj Garg, Chairman & CEO, HCCB, said “a company of the scale and size of
HCCB gets built by a lot of people coming together, and lending their hand. So, I am
thankful to each one that touched HCCB and shaped it. We tremendously value the
support and encouragement that we have received in the state. The additional
investment of Rs. 300 crore is reaffirming our commitment to the state and aimed at
creating more opportunities for mutual growth and development in the state. For us,
progress goes hand in hand with sustainable practices and hence the focus on green
ecosystem, green energy etc.”

Mr. Kamlesh Kumar Sharma, Chief Public Affairs and Communications Officer, said,
“we are all very excited about what lies ahead of us. 25 years is an important milestone
given that this has also been a period of significant change. With the announcements
that we make today, we set the path to a more inclusive, participative, and sustainable
business and a win-win for our community and the entire value chain.”

Leave a Reply

Your email address will not be published. Required fields are marked *