Coca-Cola bottling firms Kandhari Beverages and Enrich Agro Food Products are planning to invest Rs 5.1bn ($75.7m) in Haryana, India, to add new production lines.
The companies are authorised franchise bottlers of Coca-Cola India. They had entered into an agreement with the Haryana state government to expand the production infrastructure.
As part of the agreement, Kandhari Beverages will invest Rs 3bn ($44.5m) to establish several high-speed production lines for juice, energy and sparkling drinks at Saha facility in Ambala, Haryana.
The new production lines will be ready by 2018 and generate employment for 150 people.
Enrich Agro Food Products is planning to invest Rs 1.65bn ($24.5m) in a new manufacturing line for beverages in Rohtak by 2018.
The company is also planning a new packaging unit for Coca-Cola for Rs 450m ($6.68m). This initiative is expected to create 175 jobs in the state.
Kandhari Beverages executive director Bikram Kandhari said: "This investment which will be utilised to enhance infrastructure in our bottling facilities and setting-up new manufacturing lines."
The companies signed the agreement at Happening Haryana Global Investors' Summit-2016 in Gurgaon.
Kandhari Beverages executive director Bikram Kandhari said: "On behalf of the entire team at Kandhari Beverages, it gives me immense pleasure to announce this investment which will be utilized to enhance infrastructure in our bottling facilities and setting-up new manufacturing lines.
"The investment is rooted in the Government's vision for the food processing sector and the role that the beverage industry can play in benefitting Indian farmers. It is also in keeping with Coca-Cola's focus of providing more choice to the consumer."
The investment decision comes a few weeks after Hindustan Coca-Cola Beverages (HCCBPL), which is considered one of the largest bottling partners of the company, decided to stop manufacturing at three plants in the Indian states of Andhra Pradesh, Meghalaya and Rajasthan.
The decision to halt manufacture at these locations came after the company faced allegations from activist groups over groundwater depletion.
In India, HCCBPL operates 24 bottling plants and oversees around 65% of bottling operations for Coca-Cola.
