Coca-Cola India tastes the thunder, Thums Up is company's first $1 billion brand

Gallery

MORE...

Sports

World Boxing medallist Gaurav Bidhuri to flag off 'Delhi Against Drugs' movement on Nov 17

Gaurav Bidhuri, 2017 World Boxing Championship bronze medallist, joined hands with the Del

U23 World Wrestling Championship: Chirag Chikkara wins gold as India end campaign with nine medals

FIFA president Infantino confirms at least 9 African teams for the 2026 World Cup

Hockey, cricket, wrestling, badminton, squash axed from 2026 CWG in Glasgow

FIFA : Over 100 female footballers urge FIFA to reconsider partnership with Saudi oil giant

Ecuador ready to make history against Uruguay: Beccacece

MORE...

Coca-Cola India tastes the thunder, Thums Up is company's first $1 billion brand

Last Updated : 11 Feb 2022 10:46:46 AM IST

Coca-Cola India tastes the thunder, Thums Up is company

Beverages major Coca-Cola India's brand -- Thums Up -- has become the company's first $1 billion brand.

As per the Coca-Cola company's global 'Fourth Quarter and Full-Year 2021' results, the cola brand has put the "Thunder" back into Coke India's performance.

The brand was introduced in India at the time of Coke's departure from the country in 1977.

It was bought by Coca-Cola India in 1993, after it made the re-entry into the country post economic liberalisation.

In terms of the result, the global beverages major said: "Unit case volume grew 11 per cent for the quarter, resulting in a low single-digit increase versus 2019."

"Growth was driven by China, India and the Philippines, partially offset by pressure in Australia due to the impact of the pandemic. Growth was led by Trademark Coca-Cola and sparkling flavours."

Besides, it added that unit case volume grew 13 per cent for the quarter, driven by strong growth in the key markets of India and the Philippines.

IANS

Mumbai