The maker of Coke and Sprite soft drinks and Minute Maid juices said in a statement that in an internal realignment of its bottling operations in North India, Hindustan Coca-Cola Beverages Pvt. Ltd (HCCB), its own bottler for the majority of India, will transfer its business operations in four territories in North India to existing bottlers.
Future Consumer will take its product offerings to general stores across the country with an aggressive policy.
Former Jyothy Labs chief operating officer Rajnikant Sabnavis was earlier with consumer goods giant HUL for over two decades. He has been named as Future Consumer’s dedicated chief executive after Devendra Chawla quit from the position over two years back.
This is the first time the Centre has planned to directly involve itself with advertising scrutiny, through the Food Safety & Standards Authority of India. While FSSAI guidelines for advertising regulations are in place, implementation by advertisers hasn’t been followed closely.
The company said the funds will be infused towards portfolio and distribution expansion besides new customer acquisition.
The neuro science research technique collects data from respondents by brain recordings and facial coding in specialised labs, instead of verbal or emailed responses. It involves respondents, who are paid to sign up for the research, after which they are invited to a Nielsen lab which collects data from them through brain mapping, facial coding and biometrics.
Gold was extended to delivery by Zomato in September, amidst the stalemate on dine-in services.
Britannia Industries has postponed product launches and expects consumption to revive in 9-12 months.
The eating out and entertainment industry has seen an 8-10% drop in revenue in the first fornight of November.
“Of all the potential names in the running, talks with most have fizzled out because both sides haven’t been able to reach a consensus on the conditions,” one executive said. Other conditions are non-exclusivity, which means any other company can also be given a franchise to open McDonald’s outlets.
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