<p> Mumbai: Global soft drink major Coca Cola on Thursday announced a Rs 1,387 crore investment for a new manufacturing facility in Maharashtra's Ratnagiri district.</p>.<p> The facility spread over 88-acre in the Lote Parshuram Industrial area in a Maharashtra Industrial Development Corporation area will utilise water from the Vashishthi river, a statement from Hindustan Coca-Cola Beverages said.</p>.<p> The greenfield facility in the Khed taluka is expected to be operational by 2025, and was termed as a 'major leap' in the company's manufacturing capabilities.</p>.<p> The unit will provide direct and indirect employment to 350 people. A total of 81,000 people will benefit in the state through its community initiatives, the statement said.</p>.Coca-Cola India enters ready-to-drink tea beverages segment.<p> These initiatives include educational infrastructure, water ATMs, sustainable agriculture, and community engagement centres, the statement said, adding that 10,000 people from Lote Parshuram area will benefit with the interventions.</p>.<p> A groundbreaking ceremony for the plant was held at the site on Friday, and was attended by state Chief Minister Eknath Shinde and HCCB chief executive Juan Pablo Rodriguez.</p>.<p> Rodriguez said the land in Maharashtra is 'fertile' and its investment should be seen as one symbolising planting the seeds of growth and community partnership.</p>.<p> Shinde welcomed the company's decision, and added that the state government is aiming to make Maharashtra as a beacon of sustainable and equitable growth.</p>.<p> The company has 16 factories manufacturing 60 products across the country at present, and has its operations spread in 22 states. PTI AA SHW</p>
<p> Mumbai: Global soft drink major Coca Cola on Thursday announced a Rs 1,387 crore investment for a new manufacturing facility in Maharashtra's Ratnagiri district.</p>.<p> The facility spread over 88-acre in the Lote Parshuram Industrial area in a Maharashtra Industrial Development Corporation area will utilise water from the Vashishthi river, a statement from Hindustan Coca-Cola Beverages said.</p>.<p> The greenfield facility in the Khed taluka is expected to be operational by 2025, and was termed as a 'major leap' in the company's manufacturing capabilities.</p>.<p> The unit will provide direct and indirect employment to 350 people. A total of 81,000 people will benefit in the state through its community initiatives, the statement said.</p>.Coca-Cola India enters ready-to-drink tea beverages segment.<p> These initiatives include educational infrastructure, water ATMs, sustainable agriculture, and community engagement centres, the statement said, adding that 10,000 people from Lote Parshuram area will benefit with the interventions.</p>.<p> A groundbreaking ceremony for the plant was held at the site on Friday, and was attended by state Chief Minister Eknath Shinde and HCCB chief executive Juan Pablo Rodriguez.</p>.<p> Rodriguez said the land in Maharashtra is 'fertile' and its investment should be seen as one symbolising planting the seeds of growth and community partnership.</p>.<p> Shinde welcomed the company's decision, and added that the state government is aiming to make Maharashtra as a beacon of sustainable and equitable growth.</p>.<p> The company has 16 factories manufacturing 60 products across the country at present, and has its operations spread in 22 states. PTI AA SHW</p>