Coca-Cola has sold a 40% stake in its Indian bottling arm, Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), to Jubilant Bhartia Group. This strategic move aligns with Coca-Cola’s global asset-light strategy.
Coca-Cola sells 40% stake in India bottling business Hindustan Coca-Cola Beverages to Jubilant Bhartia Group