Monday, 15 February 2016

Hindustan Coca-Cola Beverages Signs MOU with Govt.of Maharashtra

By 121 News

Chandigarh 15th February:- Hindustan Coca-Cola Beverages Pvt. Ltd (HCCBPL), one of India's leading beverage manufacturing companies and the largest bottling partner of The Coca-Cola Company, in India today signed a Memorandum of Understanding (MoU) with Government of Maharashtra and Jain Irrigation for Project "Orange Unnati", at the commencement of the 'Make in India Week' in Mumbai. The signing ceremony took place in the presence of Prime Minister Narendra Modi and Chief Minister of Maharashtra, Devendra Fadnavis. This MoU and the subsequent implementation of the partnership project will provide a boost to the orange farmers in the state ensuring high quality produce, state-of-the-art pulping and processing of oranges for packaged beverages and capability building of farmers for them to adopt sustainable and high yield agricultural practices.

This MoU follows the successful partnership between HCCBPL and Jain Irrigation for Project "Mango Unnati" where the two partners help mango farmers grow and then process high quality mango produce for use in Maaza and Minute Maid range of juice products. Jain Irrigation and HCCBPL recently signed an agreement where HCCBPL will procure mango pulp worth Rs. 750 crore (approx. USD 115 MN) over 3 years, from Jain Irrigation, out of produce sourced from local mango farmers. Under the tripartite agreement between the Govt of Maharastra, Jain Irrigation and HCCBPL, the partners will set up a juice manufacturing facility in Vidarbha region. They will also support local farmers in the cultivation of Indian orange mandarins with the adoption of Ultra High Density Plantation (UHDP) technique to boost orange yield. UHDP is a scientific process that ensures higher yield of agri produce per acre of land and within a time span, which is significantly lesser than fruit grown using traditional methods of farming. Key Highlights • Over 95% of Coca-Cola products are made from ingredients sourced in India. •

The company has developed a farm-toconsumer supply chain that encompasses 400,000 farmers, 212 supplier sites, 127 bottling warehouses, 13,000+ transport fleet and 2.4M+ retail shops • Coca-Cola is one of the largest buyers of Indian agricultural produce, globally • HCCB buys Mango – 200,000 Metric Tons; Guava – 1000 million Metric Tons; Banana + Papaya – 400 million Metric Tons; Sugar – more than 1/2 million Metric Tons The partners will also establish a modern hi-tech nursery and develop knowledge sharing processes for the benefit of the farmers including using classroom training and field demonstrations for UHDP Project "Orange Unnati" will also seek to unlock prospects of leveraging "NOGA" brand (Nagpur Orange Grower Association) of Oranges. NOGA is a subsidiary company of state Government of Maharashtra). This project is estimated to benefit 5,000 farmers with an average landholding of 2 acres each.

According to T Krishnakumar, Chairman, HCCBPL that we are grateful to Prime Minister and the Chief Minister of Maharashtra for their leadership in making this project come to life. Our prior experience of working on a similar project with mango farmers in Maharashtra gives us the confidence to say that we are now ready to make a substantial difference to the lives of orange growers in Vidarbha and other parts of Maharashtra. As the largest buyers of mango pulp in India, we are happy to be able to positively impact the lives of 400,000 farmers in India.

Anil Jain, Managing Director, Jain Irrigation Systems Ltd. said that we are excited to extend our partnership with HCCBPL, now into the orange segment. It is our belief that the soil and climatic conditions in Maharashtra is conducive to grow high yield, process able varieties of oranges that can be consumed by the beverage manufacturers not just in India but across the world. We just need to handhold the farmers and guide them along the way. Perhaps one day

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