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Issue: Business
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Date added: July 24, 1999
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No of pages / words: 3 / 685
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(The company, however, refused to part with any figures.) Coke's global CEO Douglas Daft, is also said to have keen interest in the Indian experiment. Market and competitions, however, are not impressed. Counters Mahendra Swarup, Executive Director (hr), at arch-rival PepsiCo India: ''Such an initiative should always be led by business with strong ownership of the CEO...
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This means short-lived glory for hr function and nothing much else.'' Indeed, the job is far from finished. Coke is still saddled with a huge workforce. Given the scale of its investments, the climb back into the black is going to be a long and arduous one. Coca-Cola recasts Indian operations NEW DELHI: The Atlanta-based Coca-Cola Company finally announced restructuring plans for its Indian subsidiary Coca-Cola India, comprising a top-level management recast and splitting the bottling and marketing operations...
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