The Coca-Cola Company (TCCC) has set aside a capex of Rs 3,000 crore to establish a beverage bases and concentrates plant in Sanand, near Ahmedabad.

The company will make the Foreign Direct Investment (FDI) through International Refreshments (India) Private Limited (IRIPL), which is a subsidiary of TCCC.

It is said that a land measuring 160,00 square metres has been allocated for the company in the Sanand Industrial Estate-II
 
 "Coca-Cola has already made two large investments through its bottling partners in Gujarat. The government has fast-tracked the process of approvals and has already made land allotment to the company," sources said.

The Coca-Cola Company already has a facility in Goblej, which is about 33 km from Ahmedabad, through its bottling partner - Hindustan Coca-Cola Beverages Limited besides the one at Sanand.

The two plants were installed at a total investment of $180 million.