Hindustan Coca-Cola Beverages (HCCB) has inaugurated a cutting-edge greenfield facility in Banda Thimmapur, Siddipet district, Telangana. This ambitious project, spanning 49 acres, underscores HCCB’s commitment to driving economic growth, creating jobs, and fostering sustainable development in the region.
Investment and Expansion Overview
The facility represents a total investment of $251 million (approximately Rs. 2,091 crore). Of this, $170 million (Rs. 1,409 crore) has already been utilized in the project’s first phase. Upon full operation, HCCB’s total investment in Telangana, including its factory in Ameenpur, Sangareddy district, will exceed $456 million (about Rs. 3,798 crore).
Key Features of the Facility
- State-of-the-Art Production Lines: The facility houses seven advanced production lines, designed to enhance manufacturing efficiency and quality.
- Job Creation: The initial phase is expected to generate over 400 direct and indirect jobs, with the potential to create 1,000 jobs overall upon full operation.
- Sustainability Focus: The greenfield facility integrates environmentally friendly practices, aligning with HCCB’s commitment to sustainable development.
Economic and Social Impact
The inauguration ceremony, attended by Chief Minister A Revanth Reddy, highlighted the facility’s significance in boosting Telangana’s economy. Industries & IT Minister Duddilla Sridhar Babu emphasized the importance of the greenfield project in ensuring sustainable development and long-term prosperity for the state.
Transport & BC Welfare Minister Ponnam Prabhakar noted the social benefits of HCCB’s investment, stating that it would:
- Strengthen Telangana’s position as a hub for inclusive growth.
- Create skilled employment opportunities for women, youth, and rural communities.
- Foster collaboration with programs aimed at social empowerment.
HCCB’s Vision for Telangana
HCCB’s new facility complements its existing factory in Ameenpur, showcasing the company’s dedication to Telangana as a strategic hub for its operations. By leveraging advanced technology and sustainable practices, HCCB aims to position Telangana as a model state for industrial growth and social progress.
FAQs About HCCB’s Greenfield Facility in Telangana
Q1: What is the total investment for the greenfield facility?
The total investment for the facility is $251 million (about Rs. 2,091 crore).
Q2: How many jobs will the facility create?
The project is expected to generate 400 jobs initially and 1,000 jobs overall when fully operational.
Q3: What technologies are incorporated into the facility?
The facility features seven advanced production lines, ensuring high efficiency and quality in manufacturing processes.
Q4: What is the role of sustainability in this project?
HCCB has integrated environmentally friendly practices into the facility, reinforcing its commitment to sustainable development.
Q5: How does this investment impact Telangana’s economy?
The project boosts local employment, enhances industrial growth, and strengthens Telangana’s position as a hub for inclusive development.