The new facility can process 1.5 million chickens weekly, with a future processing line set to increase approved capacity to 3 million birds.
Spain leads the world in fresh citrus trade by value, accounting for roughly 25% of global exports.
The potential transaction follows Starbucks’ expansion in Japan and comes as the coffee chain reviews ownership structures across major international markets.
The investment will add manufacturing capacity in Vizianagaram and Chittoor, with new bottling lines supplying Coca-Cola beverages across several southern Indian markets.
The five-year investment will expand production, distribution and office facilities as Coca-Cola reports an $85 billion contribution to US GDP in 2025.