SLMG Beverages Pvt Ltd, Coca-Cola’s largest independent bottler in India, has announced a massive investment plan worth over $1 billion (approximately ₹8,300 crore) by 2030. The Lucknow-based company will use the funds to expand its bottling facilities in Uttar Pradesh and Bihar, strengthening its presence in the region.
The company’s joint managing director, Paritosh Ladhani, revealed that SLMG has already invested over $1.5 billion in the past two decades to establish itself as a key player in India’s beverage sector. The new investment will significantly enhance its production capacity, allowing it to meet the growing demand for Coca-Cola products in the country.
Big Bets on Hospitality
In addition to its beverage business, SLMG is making a substantial push into the hospitality sector, with plans to invest around ₹4,000 crore in hotel development. The Ladhani family, which entered the hospitality industry in 2009, already owns The Taj in Agra and is working on new properties under the Taj Vivanta brand in Haridwar and Ayodhya.
Looking ahead, SLMG plans to introduce The Four Seasons in Agra and develop multiple Oberoi Nature properties. Over the next five years, the company aims to spend ₹4,000 crore to ₹5,000 crore on expanding its luxury hotel portfolio.
SLMG’s Growing Footprint
SLMG has been expanding aggressively. In 2024, the company acquired bottling rights for the entire territory of Bihar, adding to its existing operations in Uttar Pradesh. This move was part of Coca-Cola India’s strategy to divest its bottling operations and hand them over to independent bottlers.
Future Outlook
With this dual expansion strategy, SLMG is poised to strengthen its position in both the beverage and hospitality industries. The company’s multi-billion-dollar investments will not only boost its production capabilities but also contribute to the growth of India’s luxury hotel market, particularly in religious and tourist hotspots like Ayodhya, Haridwar, and Agra.
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