Coca-Cola sells soft drinks, juices and water in India under brands such as Thums Up, Sprite, Limca, Maaza and Kinley. Its company owned bottler, Hindustan Coca-Cola Beverages, runs bottling operations alongside franchise partners.
Ownership and structure
Coca-Cola India is a subsidiary of The Coca-Cola Company. Its bottler Hindustan Coca-Cola Beverages is held by Hindustan Coca-Cola Holdings, in which the Jubilant Bhartia Group bought a 40 percent stake in July 2025.
What India does for Coca-Cola
India is a large beverage market for Coca-Cola, served by its own bottler Hindustan Coca-Cola Beverages and by franchise bottling partners.
Coca-Cola's India business
Coca-Cola first operated in India in 1950, left in 1977 and returned on October 24, 1993. The Jubilant Bhartia Group completed the acquisition of a 40 percent stake in Hindustan Coca-Cola Holdings, the parent of the bottler, in July 2025.
Hindustan Coca-Cola Beverages had about 5,000 employees when it announced roughly 300 job cuts in December 2025. The bottler sold its operations in several territories to franchise partners in FY2024.
Key moves in India
- 1950: The Coca-Cola Company began operating in India.
- 1977: Coca-Cola withdrew from India after a dispute over rules requiring lower foreign ownership.
- 1993: The company returned to the Indian market on October 24, 1993.
- 2024: In December 2024 Coca-Cola agreed to sell a 40 percent stake in its Indian bottling holding company to the Jubilant Bhartia Group.
- 2025: The Jubilant Bhartia Group completed its purchase of 40 percent of Hindustan Coca-Cola Holdings in July 2025.
Where it operates
Coca-Cola runs its India business from Gurugram.
At a glance
- Home country: United States
- Global headquarters: Atlanta
- Sector: Manufacturing & Supply Chains
- Business: Consumer goods
- Role of India: Sales market, Manufacturing base
- India entity: Hindustan Coca-Cola Beverages Private Limited
- India head office: Gurugram
- India offices: Gurugram
- India headcount: Not available
- In India since: 1950
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