Ethiopia aims to capture a larger share of intra-African trade through improved logistics infrastructure.
The investment will add manufacturing capacity in Vizianagaram and Chittoor, with new bottling lines supplying Coca-Cola beverages across several southern Indian markets.
The Tax Appeals Tribunal ruled that Coca-Cola introduced its input VAT claim after the six-month statutory window had closed.
The five-year investment will expand production, distribution and office facilities as Coca-Cola reports an $85 billion contribution to US GDP in 2025.
The new facility will produce chocolate crumb locally, strengthen supply-chain resilience and expand Shah Alam’s role in Mondelēz’s regional manufacturing network.