The department of Industries and Commerce, Govt of Telangana, and Hindustan Coca-Cola Beverages, one of India’s top FMCG companies, signed a MoU for capacity building of organizations in the areas of water, solid waste management and skill-building. The government of Telangana has a progressive industrial policy and is encouraging the food processing sector in the state with the objectives of increasing farmer income, reducing food wastage, and improving value addition. This partnership will therefore benefit existing and upcoming industries.HCCB also announced that it will be setting up a second factory in the state at the Bandathimmapur Food Processing Park, Siddipet district.
The company will invest up to INR 600 crores in the first phase, to build a state-of-the-art, digitally enabled, automated, the smart factory that will manufacture juices, enhanced water, packaged water, and sparkling beverages. A digital, smart factory promotes women’s employment as has been the case at our two new factories at Sanand (Gujarat) & Raninagar (West Bengal) which employ 40% and 65% women respectively. The HCCB factory at Bandathimmapur is expected to be ready for commercial production at the end of 2023. Telangana State Industrial Infrastructure Corporation has already allotted a land parcel measuring 48.53 acres to HCCB at the Food Park.
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