The Hindustan Coca-Cola Beverages (HCCB) and the Government of Telangana have entered into a long-term strategic partnership for capacity-building in water and solid waste management, and for skill-building to generate employment.
The Department of Industries & Commerce and HCCB today signed an MoU today to this effect.
The HCCB also announced the setting up of a second factory in the State with an investment of Rs 600 crore.
The factory will be set up at the Bandathimmapur Food Processing Park, in Siddipet district.
The company will invest up to Rs 600 crore in the first phase to build a state-of-the-art, digitally enabled, automated, smart factory that will manufacture juices, enhanced water, packaged water and sparkling beverages.
A digital, smart factory would promote women employment as had been seen at its two new factories at Sanand (Gujarat) and Raninagar (West Bengal) which employed 40% and 65% women respectively, the company claimed.
The HCCB factory at Bandathimmapur is expected to be ready for commercial production by the end of 2023.
The Telangana State Industrial Infrastructure Corporation (TSIIC) has already allotted 48.53 acres of land to the HCCB at the food park.