The company has signed a 3-year contract for supply of mango pulp with Hindustan Coca-Cola Beverages Pvt Ltd (HCCBPL), the largest bottler of Coca-Cola in India
BS B2B Bureau | Mumbai November 3, 2015 Last Updated at 11:02 IST
Jain Irrigation Systems Ltd has signed a 3-year contract for supply of mango pulp with Hindustan Coca-Cola Beverages Pvt Ltd (HCCBPL), the largest bottler of Coca-Cola in India.
The contract is valued at Rs 751 crore at current year's supply prices. This is the third consecutive 3-year contract executed with Jains.
Jain Irrigation's food division is a strategic supplier of fruit purees to Hindustan Coca-Cola Beverages.
As part of this partnership, Jains and HCCBPL are currently implementing program Unnati, a project to improve yields of farmers and build and sustainable supply chain using ultra high-density plantation technology.
Jain's fruit processing division is the largest processor of mangoes in the world with one plant in Jalgaon (Maharashtra) and to plants in Chittoor (Andhra Pradesh).
Jain Irrigation supplies major quantities of mango pulp to franchisee owned bottling units of Coca-Cola across India and around the world. In addition, Jains also supplies to major multinational food companies including Unilever, Nestle, etc.