Coca-Cola enters India non-alcoholic malt-drink mart
The company, which launched pilot project six months back, focuses on the youth. "We introduced Barbican, a non-alcoholic malt-based beverages, in select Indian markets," a senior company official told IANS. As part of the pilot, Barbican is imported and available at around 3,000 select outlets across metropolitan cities.The recent foray is part of Coca-Cola's plan to introduce more healthier options in the F&B segment in India.The launch became possible after Coca-Cola acquired 50 per cent stake in Middle East-based Aujan Industries' beverages division. At present, the company offers a range of beverages, including Coca-Cola, Diet Coke, Thums Up, Fanta, Limca and Sprite.Anheuser-Busch InBev, Heineken and Kingfisher have already entered this market segment to target the vast untapped market of non-alcohol drinkers in India.A non-alcoholic malt drink is a high energy beverage, brewed in the same fashion as beer or ale. (Rohit Vaid can be contacted at rohit.v@ians.in)
--IANS rv/pcj