-NewsDesk(cbedit@imaws.org)
Hindustan Coca-Cola Beverages (HCCB), a prominent FMCG company in India, celebrated the initiation of construction for its upcoming greenfield factory in the MIDC Lote Parshuram Industrial Area, Khed, Ratnagiri, Maharashtra. The groundbreaking ceremony featured the presence of key figures such as the Hon’ble Chief Minister of Maharashtra, Shri Eknath Shinde, and Hon’ble Industries Minister, Shri Uday Samant, alongside HCCB CEO Juan Pablo Rodriguez and other senior company executives.
Expected to be operational by February 2025, the new factory represents a substantial advancement in HCCB’s manufacturing capabilities and underscores its commitment to sustainable development. With a projected investment of Rs 1,387 crore, the expansive 88-acre facility is poised to create direct and indirect employment opportunities for 350 individuals. Situated in the picturesque landscape of Maharashtra, the factory will utilize water sourced from the Vashishthi River, conveyed through the MIDC Pipeline—a strategic move that underscores HCCB’s dedication to environmental sustainability and resource efficiency.
In addition to its manufacturing pursuits, HCCB is gearing up to launch community initiatives in Maharashtra to positively impact 81,000 lives. These initiatives encompass educational infrastructure, water ATMs, sustainable agriculture, and community engagement centers. In the Lote area alone, 10,000 people are expected to directly benefit from these endeavors. HCCB also plans to empower 3,000 women with digital and financial skills and provide training to 2,500 youths in sales and marketing across 14 villages, reinforcing its commitment to holistic community development.
Shri Eknath Shinde, Hon’ble Chief Minister, Government of Maharashtra, stated, “This is not only an industrial milestone but also a testament to the Government of Maharashtra’s commitment to fostering a synergistic relationship between industrial growth and social welfare. As we continue to propel our industrial and social development agenda forward, the Government of Maharashtra values the role of companies like HCCB, which augment our efforts in making Maharashtra a beacon of sustainable and equitable growth.”
Shri Uday Samant, Hon’ble Industries Minister, Government of Maharashtra, remarked, “Maharashtra’s vision, under our governance, is to build a progressive and resilient state. A state that not only grows economically but also ensures the welfare of its society. Our policies are crafted with a dual focus: to stimulate economic growth while safeguarding the social fabric of our communities. It is heartening to see that HCCB’s expansion aligns perfectly with this vision.”
Juan Pablo Rodriguez, CEO of HCCB, commented, “This significant milestone in the journey of Hindustan Coca-Cola Beverages symbolizes not just the planting of seeds of growth, sustainability, and community partnership in the fertile land of Maharashtra but also marks a testament to the conducive business environment in the state. This upcoming facility represents our continued commitment and belief in the potential of Maharashtra, reflecting our shared history of over two decades.”
The groundbreaking event not only celebrates the expansion of HCCB’s footprint in India but also embodies the company’s vision for a future where business growth and community development go hand in hand.
