Sunday 30 November 2014

Coca Cola to Open Rs 1000 Cr Plant in Karnataka

By Sheeja Sasindran
Coca Cola, the soft drinks giant has been allotted 250 acres of land in Karnataka to set up a bottling plant worth around Rs 1000 crore to employ 500 people, mostly from local villages.

The project is being established at Kadechur and Badiyala villages of Yadgir District.
Top officials of Coca Cola met Karnataka chief Minister Siddaramaiah and apprised him of the details about their proposal at Yadgiri Industrial area.

The Chief Minister assured support to the proposal and also advised company officials to provide employment to the family members of all those whose land would be acquired and other locals.

Facebook page of the CM said “ Coca Cola will be investing more than 1000 crore in this project. Our object is to develop Karnataka as a whole and therefore will be focusing on all districts. We will not limit our developmental focus to the centre of power and will ensure employment to our youths in all districts.”

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