EconomyCoca-Cola loses market share in India as aluminium costs remain high
Coca-Cola lost ground in India during the second quarter, according to CFO John Murphy. The company is dealing with elevated aluminium costs while working to close packaging gaps for products aimed at mid-tier price points. The combination of higher input costs and incomplete packaging coverage is weighing on its position in the Indian market.
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Coca-Cola loses market share in India as aluminium costs remain high
Economy