In the March quarter, the Coca-Cola Company earned USD 290 million from India by refranchising its bottling operations in three key markets. Hindustan Coca-Cola Beverages divested its company-owned bottling operations in Rajasthan, Bihar, Northeast, and parts of West Bengal to existing bottlers, resulting in net gains of USD 293 million. Despite a 2 percent decline in unit case volume in the Asia Pacific market zone, the company saw growth in the India market.
