India, china boost global sales of coke | delhi | Hindustan Times
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India, china boost global sales of coke

delhi Updated: Feb 09, 2010 23:57 IST
HT Correspondent
HT Correspondent
Hindustan Times
India and China

But for India and China, it could have been a harsher winter for US cola giant Coca-Cola.

Strong growth in sales volumes in the two emerging Asian giants have helped offset weaker consumer demand in North America, helping the company post a healthy growth during the fourth quarter ending December 31, 2009.

Coca-Cola’s overall sales volume grew 20 per cent in India and 29 per cent in China, while overall global sales growth was 5 per cent. In North America its sales contracted by 1 per cent during the quarter.

“India gained volume and value share across most categories,” a statement said.

The sales volumes of Coca-Cola, which entered India in 1993, have grown for more than three years successively.

“We ended this year on a high note,” Muhtar Kent, Coca-Cola chairman and chief executive officer, said.