CURRENT AFFAIRS

Detailed explanation-1: -Hindustan Coca-Cola Beverages, the bottling arm of Coca-Cola in India, today tied up with the country’s largest lender State Bank of India to enable its over 2.6 million retailers and 5000 distributors to conduct business transactions digitally.

Detailed explanation-2: -Hindustan Coca-Cola Beverages Pvt Ltd (HCCBPL) is the largest bottling partner of The Coca-Cola Company (www.thecoca-colacompany.com) in India.

Detailed explanation-3: -Coca-Cola Distribution FAQs Coca-Cola sells its products to canning and bottling companies, distributors, wholesalers, and retailers. These channels then distribute them to other retailers, such as gas stations, convenience stores, supermarkets, and restaurants.

Detailed explanation-4: -A Coca-Cola bottler since 1902, Coca-Cola Consolidated operates 13 production centers and more than 75 distribution and sales centers, offering more than 300 brands and flavors in 14 states and Washington, D.C., extending its reach to portions of the Southeast, Midwest and the Mid-Atlantic.

Detailed explanation-5: -Hindustan Coca-Cola Beverages (HCCB), the bottling arm of Coca-Cola, has revived plans of selling its business as a robust post-pandemic recovery boosts valuation again, executives directly aware of the development said.