Soft Beverages

The acquisition aligns with Reliance’s broader plan to scale its presence in India’s growing health and wellness beverage market.

Allied Beverages was found to have misrepresented local marketing services as exports to avoid paying value-added tax.

Varun Beverages posted higher revenue and profit despite a decline in sales volume driven by unseasonal rainfall in India. 

The Bhartia family is set to play a leading role in HCCB, with Coca-Cola gradually reducing its controlling stake.

The new line increases bottling speed, supports sustainability goals, and introduces refillable PET bottles in select regions.