"The U.S. is now our largest merchandise trading partner, and the point to be noted is that we have a trade surplus with the U.S.," said Ajay Sahai, director-general of the Federation of Indian Export Organizations. The USA surpassed China to become India's top trading partner in the year ended...
Coca-Cola Focuses on "Ethnic Drinks" in India
Mindful of the decline in the global consumption of sugary sodas, the Coca-Cola Co., in India is tuning in to the demands of health-conscious consumers for alternatives. The company has started to focus on "ethnic drinks" — traditional beverages brewed by grandmas in kitchens and street vendors around the country...
Coca Cola to expand India market presence, invest $3 billion in India
Last week, Atlanta, Georgia based Coca-Cola declared that will invest an additional $3 billion in India through 2020 to further capture growth opportunities in the country’s nonalcoholic ready-to-drink (NARTD) beverage market. With this new commitment the Coca-Cola system now plans to invest $5 billion in India from 2012 to 2020....