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Covid-19: Lockdown in India impacts Coca-Cola global volumes
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New Delhi: Beverage maker Coca-Cola on Tuesday said that a lockdown in India drove a steep unit case volume decline in the beverage maker’s bottling investment group—that are the company’s owned bottling operations across markets.
As a result, in its bottling investment ecosystem "unit case volume declined 5% driven by India, due to the impact from the coronavirus," the company said in its earning for the three months ended March 27.
To be sure, India announced a strict lockdown on March 24th to contain the spread of covid-19. The pandemic has dented sales for the beverage maker across markets due to lockdown measures, and reduced business from restaurants, movie halls etc. "Since the beginning of April, the company has experienced a
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COVID-19
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
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United Kingdom
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Russia
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