The hike -- which comes days before Janmashtami celebrations and months ahead of the flush season when milk supplies usually rise -- may impact household budgets
This comes on the back of industry clocking stellar sales this summerCoca-Cola bottlers investing $ 1 billion, PepsiCo bottler Varun Beverages set to spend Rs 1200 crore to increase production
The report has ranked these brands based on Consumer Reach Points (CRPs), which is measured based on the actual purchase made by consumers and the frequency at which these purchases are made
Coca-Cola India and its bottling partners are investing around USD 1 billion (around Rs 7,990 crore) to expand the production capacity by up to 40 per cent, an official of the beverage major said
In the second quarter, Coca-Cola Company's sparkling soft drinks grew 8 per cent, which was "primarily led by India, Mexico and Brazil", said the Atlanta-headquartered firm
According to the federation, GCMMF and its constituent member unions registered a group turnover of Rs 61,000 crore in 2021-22, a rise of Rs 8,000 crore compared to Rs 53,000 crore in 2020-21.
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