Nadia Chauhan, Joint Managing Director at Parle Agro, attributed an 87% year-on-year decline in the company’s net profit for FY24 to the imposition of a…
View More ‘Sin Tax’ on Sparkling Drinks Hits Parle Agro’s Profits, Says Joint MDCategory: Beverages
Coca-Cola Launches New Tropical Holiday Flavors for a Limited Time
Coca-Cola is spicing up the season with its latest Tropical Holiday Freestyle Flavors, now available at Coca-Cola Freestyle machines nationwide. The Atlanta-based beverage giant, known…
View More Coca-Cola Launches New Tropical Holiday Flavors for a Limited TimeDanone Enters Energy Coffee Market with STōK Cold Brew Energy
Danone is tapping into the growing demand for functional beverages by blending the worlds of coffee and energy drinks. The company’s popular brand, STōK Cold…
View More Danone Enters Energy Coffee Market with STōK Cold Brew EnergyPepsi, Coke Eye Budget-Friendly Drinks as Reliance’s Campa Gains Ground in Regional Markets
In a bid to counter the rapid expansion of Reliance Consumer Products’ Campa Cola in regional markets, global beverage giants PepsiCo and Coca-Cola are reportedly…
View More Pepsi, Coke Eye Budget-Friendly Drinks as Reliance’s Campa Gains Ground in Regional MarketsCoca-Cola Sales Impacted by Heavy Monsoon in India, Eyes Recovery Ahead
Coca-Cola has reported a dip in beverage sales in India for Q3, ending on September 27, citing the impact of prolonged heavy monsoons across several…
View More Coca-Cola Sales Impacted by Heavy Monsoon in India, Eyes Recovery AheadPepsiCo Lowers Sales Forecast as Consumers Cut Back on Snacks and Sodas
PepsiCo has revised its 2024 sales growth forecast, citing reduced consumer spending on snacks and sodas in North America. As inflation and higher borrowing costs…
View More PepsiCo Lowers Sales Forecast as Consumers Cut Back on Snacks and SodasHigh Taxation Stifling Growth of Carbonated Soft Drinks Sector in India: ICRIER Report
Synopsis: A recent report by ICRIER reveals that the carbonated soft drinks (CSD) sector in India is struggling to realize its growth potential due to…
View More High Taxation Stifling Growth of Carbonated Soft Drinks Sector in India: ICRIER Report40% Tax on Carbonated Beverages Stifles Innovation, Claims Indian Beverage Association’s JP Meena
India’s beverage industry, grappling with a 40% GST on carbonated drinks, urges for tax rationalization to boost innovation, job creation, and investments. Stakeholders highlight the…
View More 40% Tax on Carbonated Beverages Stifles Innovation, Claims Indian Beverage Association’s JP MeenaThe stage is set for a new cola war in India
Reliance Consumer Products has reintroduced the iconic Campa Cola, aiming to disrupt the decades-long dominance of Coca-Cola and PepsiCo in India’s soft drink market. Known…
View More The stage is set for a new cola war in IndiaReliance Intensifies Cola Price War with Campa Expansion
A cola price war is heating up as Reliance Consumer Products (RCPL) expands its Campa soft drinks range at half the price of Coca-Cola and…
View More Reliance Intensifies Cola Price War with Campa Expansion