Hemant Rupani to take over as CEO of Hindustan Coca-Cola Beverages in September
Rupani joins HCCB after a nine-year tenure at Mondelez International Inc., where he currently serves as business unit president for Southeast Asia, overseeing operations in Indonesia, the Philippines, Vietnam, Malaysia, Singapore, and Thailand.
He will succeed Juan Pablo Rodriguez, the current CEO of HCCB, who is transitioning to a new opportunity within the Coca-Cola system, the company said in a statement. Rodriguez was appointed CEO in August 2022. Rupani will report to the HCCB board of directors.
HCCB, a key player in Coca-Cola's India operations, operates 13 factories and serves 236 districts across 12 states in the country's south and west. The Coca-Cola Co. announced in December 2024 that the Jubilant Bhartia Group would acquire a 40% stake in Hindustan Coca-Cola Holdings Pvt. Ltd., the parent entity of HCCB.
In addition to HCCB, Coca-Cola works with 11 large bottlers across India. Its brand portfolio in the country includes Coca-Cola, Thums Up, Sprite, Fanta, and Minute Maid.
Rupani began his career in 1997 with ICI India Ltd. He joined PepsiCo in 1999 and moved to Infosys Technologies in 2002. In 2004, he returned to PepsiCo, where he spent six years, eventually becoming senior vice president, customer marketing, India Beverages.
In 2010, he joined Vodafone, and in 2014, he moved to Britannia Industries as vice president, sales and business head for the breads division. He joined Mondelez in 2016 as director of sales for India, later serving as vice president and managing director for Vietnam before being promoted to his current regional role in 2022.
Rupani holds a bachelor's degree in mechanical engineering from Regional Engineering College, Jaipur, and an MBA in marketing from the Faculty of Management Studies, University of Delhi.
HCCB's consolidated revenue from operations rose 10% year-on-year to ₹ 14,021.54 crore in FY24, while net profit surged 246% to ₹ 2,808.3 crore, according to data from business intelligence platform Tofler.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
an hour ago
- Business Standard
Beverage makers' April-June quarter takes a hit due to unseasonal rain
Early monsoon and unseasonal rainfall this year in most parts of the country have impacted the topline of beverage makers in the June quarter. This has not only impacted sales of the cola brands but also traditional milk-based beverage products, such as lassi, shakes, flavoured milks, and buttermilk. Interestingly, the beverage makers had early volume gains in 2026 as summer arrived early. They had stocked inventory and channels in anticipation of a repeat of last year's bumper sales. However, by mid-April, intermittent rainfall started hitting southern and western India, impacting overall which sales from early May. The Coca-Cola Company Chairman and CEO James Quincey, in the latest investors' call, said the company got a "hit by some early monsoon in India", in the June quarter, which is the important selling season in the country. The company had a good start in the quarter, but early arrival of monsoon impacted it, said Quincey. "In India, after a strong start to the year, volume declined, as our business was impacted by early monsoons and geopolitical conflict (India-Pakistan conflict) early in the important summer season," he said. India is the fifth largest market for The Coca-Cola Company, which operates here with brands as ThumsUp, Sprite, Maaza, Minute Maid, Kinley, besides Coca-Cola and Coke. For PepsiCo, India continues to be a double-digit growth path; however, its beverage business was also hit in India during the quarter under review. PepsiCo's International Beverages Franchise (IBF) segment, which focuses on the bottling and distribution of PepsiCo's beverage brands outside of North America, had "a decline in India" in the second (June) quarter, the company said earlier this month in its earnings statement. IBF includes PepsiCo's international franchise beverage businesses, as well as its SodaStream business. In India, PepsiCo's bottling operations in India are mostly handled by its largest franchisee is Varun Beverages Ltd (VBL). Several dairy companies also faced an impact on sales of beverage products in the quarter, due to unseasonal rainfall and early arrival of monsoon. IDA President R S Sodhi told PTI more rain has affected the demand for beverages, including dairy-based ones, this year. Moreover, he said the rural demand is also tight because of inflation. "The emergence of many local and regional brands in the beverage segment is also impacting sales of large companies," he said. Tata Consumer Products Ltd, which operates in the beverages segment with its glucose-based drink Gluco+ and Fruski, said volume growth of its ready to drink (RTD) business "was impacted by unseasonal rain" in the June quarter. "RTD business was impacted by unseasonal rains and recorded a moderate volume growth of 3 per cent," the Tata group FMCG arm said in its earnings statement. Similarly, home-grown FMCG major Dabur India said its consolidated revenue in the June quarter is expected to grow in low-single digits on account of a decline in beverages, which was impacted during the quarter due to unseasonal rainfall and a short summer. "The beverage portfolio was impacted during the quarter due to unseasonal rains and short summer," Dabur said earlier this month in its quarterly updates.
Mint
2 hours ago
- Mint
Beverage makers June qtr goes downstream on early monsoon, unseasonal rain
New Delhi, Jul 27 (PTI) Early monsoon and unseasonal rainfall this year in most parts of the country have impacted the topline of beverage makers in the June quarter. This has not only impacted sales of the cola brands but also traditional milk-based beverage products, such as lassi, shakes, flavoured milks, and buttermilk. Interestingly, the beverage makers had early volume gains in 2026 as summer arrived early. They had stocked inventory and channels in anticipation of a repeat of last year's bumper sales. However, by mid-April, intermittent rainfall started hitting southern and western India, impacting overall which sales from early May. The Coca-Cola Company Chairman and CEO James Quincey, in the latest investors' call, said the company got a "hit by some early monsoon in India", in the June quarter, which is the important selling season in the country. The company had a good start in the quarter, but early arrival of monsoon impacted it, said Quincey. "In India, after a strong start to the year, volume declined, as our business was impacted by early monsoons and geopolitical conflict (India-Pakistan conflict) early in the important summer season," he said. India is the fifth largest market for The Coca-Cola Company, which operates here with brands as ThumsUp, Sprite, Maaza, Minute Maid, Kinley, besides Coca-Cola and Coke. For PepsiCo, India continues to be a double-digit growth path; however, its beverage business was also hit in India during the quarter under review. PepsiCo's International Beverages Franchise (IBF) segment, which focuses on the bottling and distribution of PepsiCo's beverage brands outside of North America, had "a decline in India" in the second (June) quarter, the company said earlier this month in its earnings statement. IBF includes PepsiCo's international franchise beverage businesses, as well as its SodaStream business. In India, PepsiCo's bottling operations in India are mostly handled by its largest franchisee is Varun Beverages Ltd (VBL). Several dairy companies also faced an impact on sales of beverage products in the quarter, due to unseasonal rainfall and early arrival of monsoon. IDA President R S Sodhi told PTI more rain has affected the demand for beverages, including dairy-based ones, this year. Moreover, he said the rural demand is also tight because of inflation. "The emergence of many local and regional brands in the beverage segment is also impacting sales of large companies," he said. Tata Consumer Products Ltd, which operates in the beverages segment with its glucose-based drink Gluco and Fruski, said volume growth of its ready to drink (RTD) business "was impacted by unseasonal rain" in the June quarter. "RTD business was impacted by unseasonal rains and recorded a moderate volume growth of 3 per cent," the Tata group FMCG arm said in its earnings statement. Similarly, home-grown FMCG major Dabur India said its consolidated revenue in the June quarter is expected to grow in low-single digits on account of a decline in beverages, which was impacted during the quarter due to unseasonal rainfall and a short summer. "The beverage portfolio was impacted during the quarter due to unseasonal rains and short summer," Dabur said earlier this month in its quarterly updates.
News18
3 hours ago
- News18
Beverage makers June qtr goes downstream on early monsoon, unseasonal rain
Last Updated: New Delhi, Jul 27 (PTI) Early monsoon and unseasonal rainfall this year in most parts of the country have impacted the topline of beverage makers in the June quarter. This has not only impacted sales of the cola brands but also traditional milk-based beverage products, such as lassi, shakes, flavoured milks, and buttermilk. Interestingly, the beverage makers had early volume gains in 2026 as summer arrived early. They had stocked inventory and channels in anticipation of a repeat of last year's bumper sales. However, by mid-April, intermittent rainfall started hitting southern and western India, impacting overall which sales from early May. The Coca-Cola Company Chairman and CEO James Quincey, in the latest investors' call, said the company got a 'hit by some early monsoon in India", in the June quarter, which is the important selling season in the country. The company had a good start in the quarter, but early arrival of monsoon impacted it, said Quincey. 'In India, after a strong start to the year, volume declined, as our business was impacted by early monsoons and geopolitical conflict (India-Pakistan conflict) early in the important summer season," he said. India is the fifth largest market for The Coca-Cola Company, which operates here with brands as ThumsUp, Sprite, Maaza, Minute Maid, Kinley, besides Coca-Cola and Coke. For PepsiCo, India continues to be a double-digit growth path; however, its beverage business was also hit in India during the quarter under review. PepsiCo's International Beverages Franchise (IBF) segment, which focuses on the bottling and distribution of PepsiCo's beverage brands outside of North America, had 'a decline in India" in the second (June) quarter, the company said earlier this month in its earnings statement. IBF includes PepsiCo's international franchise beverage businesses, as well as its SodaStream business. In India, PepsiCo's bottling operations in India are mostly handled by its largest franchisee is Varun Beverages Ltd (VBL). Several dairy companies also faced an impact on sales of beverage products in the quarter, due to unseasonal rainfall and early arrival of monsoon. IDA President R S Sodhi told PTI more rain has affected the demand for beverages, including dairy-based ones, this year. Moreover, he said the rural demand is also tight because of inflation. 'The emergence of many local and regional brands in the beverage segment is also impacting sales of large companies," he said. Tata Consumer Products Ltd, which operates in the beverages segment with its glucose-based drink Gluco+ and Fruski, said volume growth of its ready to drink (RTD) business 'was impacted by unseasonal rain" in the June quarter. 'RTD business was impacted by unseasonal rains and recorded a moderate volume growth of 3 per cent," the Tata group FMCG arm said in its earnings statement. Similarly, home-grown FMCG major Dabur India said its consolidated revenue in the June quarter is expected to grow in low-single digits on account of a decline in beverages, which was impacted during the quarter due to unseasonal rainfall and a short summer. 'The beverage portfolio was impacted during the quarter due to unseasonal rains and short summer," Dabur said earlier this month in its quarterly updates. PTI KRH MJH TRB view comments First Published: July 27, 2025, 18:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
