MoU26 Dec 2024, 10:56 pm
Jubilant FoodWorks Limited Enters MoU with Coca-Cola India for Sparkling Beverage Products
AI Summary
Jubilant FoodWorks Limited (JFL) has signed a Memorandum of Understanding (MoU) with Coca-Cola India Private Limited (CCIPL). As per the MoU, JFL will purchase a portfolio of sparkling beverage products and certain other products from The Coca-Cola Company authorized bottlers. This arrangement will help JFL enhance its consumer offerings, making it a significant move in the food and beverage industry.
Key Highlights
- Jubilant FoodWorks Limited has signed an MoU with Coca-Cola India Private Limited
- The MoU covers the purchase of a portfolio of sparkling beverage products and certain other products from The Coca-Cola Company authorized bottlers
- Marketing activities for the said products will be conducted by JFL
- The arrangement is expected to enhance JFL's consumer offerings
- The Master Agreement will commence from April 1, 2025