Latest news with #VarunBeveragesLimited
Business Upturn
29-05-2025
- Business
- Business Upturn
Varun Beverages begins commercial production at new Meghalaya facility
By News Desk Published on May 29, 2025, 07:08 IST Varun Beverages Limited (VBL) has commenced commercial production of carbonated soft drinks and juice-based beverages at its new facility located in Mendipathar, Meghalaya, the company informed stock exchanges on Thursday. The production began on the night of May 28, 2025, at 10:35 PM, marking a significant operational expansion for one of the largest franchisees of PepsiCo beverages in India. In an official filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company stated that the new plant is now operational and will manufacture both carbonated drinks and juice-based products, catering to demand in the northeastern region. The update has also been made available on the company's official website — This development is expected to strengthen VBL's regional supply chain footprint, improve logistics efficiency, and support its growth strategy in underserved and high-potential markets across Northeast India. News desk at
Time of India
25-05-2025
- Business
- Time of India
Proposal for establishment of Medanta Hospital and Varun Beverages plant in Chhattisgarh; Investors meet Chief Minister
New Delhi: In a significant step towards major investments in the healthcare and industrial sectors of Chhattisgarh, two prominent industrial groups met with Chief Minister Shri Vishnu Dev Sai at Chhattisgarh Bhavan in Delhi on Saturday. Dr. Naresh Trehan, founder of Medanta Hospital and a renowned cardiologist, proposed the establishment of a state-of-the-art multi-speciality hospital in Raipur. He informed that an investment of approximately Rs 500 crore is planned for this project. The hospital will be equipped with advanced medical technology, expert doctors, research, and training facilities. Meanwhile, Ravi Jaipuria, Chairman of Varun Beverages Limited, proposed setting up a carbonated soft drinks and fruit juice manufacturing plant in Raipur, involving an investment exceeding Rs 250 crore. This project is expected to accelerate industrial growth in the state as well as generate employment opportunities. Chief Minister Vishnu Dev Sai welcomed both proposals and assured that the Government of Chhattisgarh will provide every possible support for quality investments in sectors such as healthcare and industry. He stated that the state government will consider these projects earnestly and extend all necessary assistance, which will benefit the public and open new avenues of employment for the youth.
India Gazette
25-05-2025
- Business
- India Gazette
Chhattisgarh: Villagers in Balrampur rejoice as demand for water resolved within a day on CM Sai's direction
Balrampur (Chhattisgarh) [India], May 25 (ANI): Villagers in Balrampur's Pahadi Korwa Basti in Chhattisgarh rejoiced as their demand for water was resolved within a day with a new borewell installation. The development comes after State Chief Minister Vishnu Deo Sai conducted a surprise visit to the village under the Sushasan Tihar scheme on Wednesday. District CEO Sanjay Dubey said, 'Sushasan Tihar is being run in the state as per the directions of the Chief Minister. As part of the same, the CM was inspecting a village and the main demand of the villagers was water. Then, the borewell facility was provided under the orders of the CM and the villagers are getting adequate water from it.' A villager said that the Chief Minister had visited the place and asked the villagers about the problems they were facing. A local said, 'Villagers said that there was a scarcity of water. After the installation of a borewell, we got relief from the water issue in the village. Earlier, there were too many problems, but now it is solved.' On Saturday, two prominent industrial groups met with Chief Minister Vishnu Dev Sai at Chhattisgarh Bhavan in New Delhi . Dr. Naresh Trehan, founder of Medanta Hospital and a renowned cardiologist, proposed the establishment of a state-of-the-art multi-speciality hospital in Raipur. He informed that an investment of approximately Rs 500 crore is planned for this project. The hospital will be equipped with advanced medical technology, expert doctors, research, and training facilities. Meanwhile, Ravi Jaipuria, Chairman of Varun Beverages Limited, proposed setting up a carbonated soft drinks and fruit juice manufacturing plant in Raipur, involving an investment exceeding Rs 250 crore. This project is expected to accelerate industrial growth in the state as well as generate employment opportunities. Chief Minister Vishnu Dev Sai welcomed both proposals and assured that the Government of Chhattisgarh will provide every possible support for quality investments in sectors such as healthcare and industry. He stated that the state government will consider these projects earnestly and extend all necessary assistance, which will benefit the public and open new avenues of employment for the youth. (ANI)
Time of India
25-05-2025
- Business
- Time of India
Major investments proposed in healthcare, industry as top business leaders meet CM Vishnu Deo
Chief Minister Vishnu Deo Sai met with Dr. Naresh Trehan of Medanta Hospital and Ravi Jaipuria of Varun Beverages in New Delhi. RAIPUR: Two prominent industrial groups met Chief Minister Vishnu Deo Sai at Chhattisgarh Bhavan in New Delhi on Saturday, proposing major investments in the state's healthcare and industrial sectors. Dr Naresh Trehan, founder of Medanta Hospital and a renowned cardiologist, proposed building a multi-speciality hospital in Raipur. He said the project would involve an investment of Rs 500 crore. The hospital will have advanced medical technology, expert doctors, research and training facilities. Ravi Jaipuria, Chairman of Varun Beverages Limited, proposed setting up a carbonated soft drinks and fruit juice manufacturing plant in Raipur. This project involves an investment exceeding Rs 250 crore. It is expected to accelerate industrial growth in the state and generate employment. The Chief Minister welcomed both proposals. He assured that the Chhattisgarh government would provide all possible support for quality investments in healthcare and industry. He said the state government would consider these projects earnestly and extend all necessary assistance, which would benefit the public and create employment for the youth
Time of India
20-05-2025
- Business
- Time of India
Varun Beverages to acquire 50% stake of Sri Lankan visi-cooler maker
HighlightsVarun Beverages Limited announced its plan to acquire a 50 percent stake in Everest Industrial Lanka Private Limited for USD 3.75 million, aiming to enhance its supply chain efficiency. The investment will allow Varun Beverages Limited to internally source visi-coolers, potentially leading to cost savings in the long run. The transaction has received approval from the Board of Investment of Sri Lanka and is expected to be finalized by May 30, 2025, marking a significant step in Varun Beverages Limited's vertical integration strategy. Varun Beverages Ltd (VBL), a major bottler for PepsiCo, announced on Monday its plan to acquire a 50 percent stake in Everest Industrial Lanka (Pvt) Ltd (EIL) for USD 3.75 million (approximately Rs 32 crore). EIL is a Sri Lankan company involved in the production, manufacturing, distribution, and sale of commercial visi-coolers and related accessories. The investment and borrowing committee of VBL's board of directors approved the proposed acquisition during a meeting held on Monday, according to a regulatory filing by the company. VBL stated that this strategic acquisition will enable the company to internally source its requirements for visi-coolers within its own group. This move is expected to streamline its supply chain and potentially lead to cost efficiencies in the long run. The company further disclosed that it has already received the necessary approval from the Board of Investment of Sri Lanka for the proposed acquisition. The transaction is anticipated to be finalized on or before May 30, 2025. This investment marks a significant step for Varun Beverages in vertically integrating its operations. By gaining a stake in a visi-cooler manufacturing company, VBL aims to secure a reliable and potentially more cost-effective source for essential equipment used in the distribution and sale of its beverage products. The move also highlights VBL's continued expansion and strategic investments in related sectors within the South Asian market.
