New Delhi, July 22 -- The Coca-Cola Co. has said its beverage volumes in India saw a decline during the three summer months ended June 27, and attributed it to unseasonal rains and the India-Pakistan conflict, which dampened consumer sentiment in the region.
"In India, after a strong start to the year, volumes declined as our business was impacted by early monsoons and geopolitical conflict early in the important summer season," James Quincey, chairman and chief executive officer (CEO) said during the company's earnings call on Tuesday.
The company said it has moved to mitigate the issue. "We're engaging consumers with integrated marketing campaigns like Coca-Cola Meals supported by execution in the quick service restaurant channel-Thum...
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