CEO Muhtar Kent's take on global markets
Asia Pacific: Indonesian investment and Indian improvement
Kent references Coca-Cola’s joint venture with Coca-Cola Amatil Indonesia, which was closed earlier this month (The Coca-Cola Company is supporting expansion with a $500m capital investment, with Coca-Cola Amatil reporting 17% volume growth in the country in 2014).
“This investment will help us capture the growth opportunity in one of the largest and most dynamic countries in the world, as we enable our system to be even more responsive to consumer and customer needs,” he said.
“Japan remains sluggish, I would say similar to Europe, although we are starting to see some green shoots in the economy.
“India continues to be a bright spot” (the company saw double-digit unit case volume growth this quarter, and is focusing on expanding distribution and recruiting new consumers).
