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Challenging Coca-Cola & PepsiCo: Reliance to invest up to Rs 8,000 crore in Campa, beverages expansion over next 15 months
Challenging Coca-Cola & PepsiCo: Reliance to invest up to Rs 8,000 crore in Campa, beverages expansion over next 15 months

Time of India

time2 days ago

  • Business
  • Time of India

Challenging Coca-Cola & PepsiCo: Reliance to invest up to Rs 8,000 crore in Campa, beverages expansion over next 15 months

Challenging Coca-Cola & PepsiCo: Reliance to invest up to Rs 8,000 crore in Campa, beverages expansion over next 15 months Reliance Consumer Products (RCPL), the FMCG arm of Mukesh Ambani-led Reliance Retail, is set to invest between Rs 6,000 crore and Rs 8,000 crore over the next 12–15 months to scale up its beverage portfolio, including the iconic Campa brand. The move marks RCPL's most significant capital outlay since its launch in 2022. According to a ET report, the investment will support the addition of 10–12 new greenfield and co-packing plants across India, a move aimed at challenging established players like Coca-Cola and PepsiCo, as well as low-cost regional competitors. "The capex is being done on a combined investment of Rs 6,000–8,000 crore by Reliance and some of its partners," a senior executive told the publication. RCPL's beverage portfolio includes Campa Cola, Orange and Lemon, Sosyo, Sun Crush juices, the Spinner sports drink co-created with former Sri Lankan cricketer Muttiah Muralitharan, and the fruit-based hydration brand RasKik. The company is also setting up a facility in Bihar, in addition to the plant in Guwahati built in partnership with Jericho Foods and Beverages to serve the Northeast. Spinner is priced aggressively at Rs 10 for a 250ml bottle, less than half the cost of rival drinks like Gatorade and Sting, demonstrating RCPL's strategy to undercut the market. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 유일한 공식 무료 SOC 게임! 설치도 없습니다! 경복의 바다 다운로드 Undo 'RCPL is focusing on 600 million mass consumers and is working closely with neighbourhood stores by giving them margins at today's cost,' RCPL Director T Krishnakumar had earlier told ET in an exclusive interview. So far, RCPL beverages are produced in 18 co-invested plants. While the company's distribution remains selective, Reliance plans to make its consumer products available nationally by March 2027, with about 70% coverage by March 2026 for key categories like beverages, Krishnakumar said. The broader consumer portfolio includes Sil jams and spreads, Lotus Chocolate, Toffeeman and Ravalgaon confectionery, Alan's Bugles snacks, Velvette personal care products, and the Independence staples range. Notably, most of the company's 15 brands have been acquired since its entry into FMCG in 2022. As per news agency PTI, RCPL's revenue in FY25 touched Rs 11,500 crore, making it the fastest-growing vertical within Reliance Retail. Campa and Independence brands each surpassed Rs 1,000 crore in sales, contributing to RCPL's 3.5X year-on-year growth. Reliance Retail CFO Dinesh Taluja said during an earnings call that Campa has already achieved a double-digit market share in its available regions. The company now reaches over one million retail outlets via a network of 3,200+ distributors, and has begun exploring export opportunities in select international markets. Despite a weather-affected summer, India's beverage market, estimated at Rs 67,000 crore, is projected to more than double to Rs 1.47 lakh crore by 2030, according to think tank ICRIER. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

Reliance to invest up to ₹8,000 crore to expand beverage business
Reliance to invest up to ₹8,000 crore to expand beverage business

Business Standard

time2 days ago

  • Business
  • Business Standard

Reliance to invest up to ₹8,000 crore to expand beverage business

Fast-moving consumer goods (FMCG) arm of Reliance Retail Ventures, Reliance Consumer Products Ltd (RCPL), is set to invest between ₹6,000-₹8,000 crore over the next 12-15 months to expand its beverage manufacturing capacity, according to a report by The Economic Times. The investment, which would be Reliance's most significant capital outlay in the consumer products space to date, will reportedly fund the addition of nearly 10 to 12 new manufacturing facilities across India. This will include greenfield plants and co-packing facilities operated with partners. This marks Reliance' largest investment in the consumer products sector to date, and is intended to boost competitiveness against Coca-Cola, PepsiCo, and regional brands. According to the report, a major portion of the new investment will go into joint ventures. A plant was opened earlier this year in Guwahati with Jericho Foods and Beverages LLP, and another is reportedly under construction in Bihar. Reliance Consumer Products was launched in 2022 as a wholly owned subsidiary of Reliance Retail. Its portfolio spans a growing number of popular beverages under brands like Campa Cola, Sosyo, Spinner, RasKik, and Independence, as well as packaged foods and personal care products under labels such as Sil, Lotus Chocolate, and Ravalgaon. The company currently manufactures beverages across 18 plants, all of which are run through joint investments. Spinner, a ₹10 sports drink brand launched with former Sri Lankan cricketer Muttiah Muralitharan, is among the newer offerings aimed at undercutting established players like Gatorade and Sting. Reliance Consumer Products targets the lower end of the consumer market with a pricing strategy that undercuts rivals by 20 to 40 per cent. The company aims for full national availability by March 2027, with beverages reaching 70 per cent coverage by March 2026. Reliance Consumer Products reported ₹11,500 crore in revenue in 2024-25, with Campa and Independence each crossing ₹1,000 crore in sales, despite summer sales being impacted by early monsoon rains.

Reliance Consumer to pour ₹8,000 crore into soft drinks business
Reliance Consumer to pour ₹8,000 crore into soft drinks business

Time of India

time3 days ago

  • Business
  • Time of India

Reliance Consumer to pour ₹8,000 crore into soft drinks business

New Delhi: Reliance will invest up to Rs 8,000 crore on capacity expansion of Campa and other beverage brands in its portfolio over the next 12-15 months, people directly aware of the development said. Mukesh Ambani-owned Reliance Consumer Products (RCPL) is adding nearly 10-12 new greenfield and co-packing plants to step up its challenge not only against larger rivals Coca-Cola and PepsiCo, but also against dozens of low-priced regional brands across the country, one of the executives said. The proposed capex investment is the largest yet by RCPL, which started operations in 2022 as a wholly owned subsidiary of Reliance Retail Ventures. "The capex is being done on a combined investment of Rs 6,000-8,000 crore by Reliance and some of its partners," said the executive cited above. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo In February, Reliance set up a plant in Guwahati along with local partner Jericho Foods and Beverages LLP to manufacture soft drinks and water, and cater to the Northeast region. Another facility is coming up in Bihar. Live Events The FMCG company's beverages portfolio includes Campa Cola , Orange and Lemon, Sosyo soft drinks, Spinner sports drink, Sun Crush juice, fruit-based hydration brand RasKik, and Independence water. Reliance Consumer has partnered with former Sri Lankan cricketer Muttiah Muralitharan to co-create, manufacture and sell Spinner sports drinks at Rs 10 for 250 ml bottles, less than half the price of rivals such as PepsiCo-owned Gatorade and Sting. So far, Campa and other beverages are being manufactured in 18 plants, all of which are co-investments. The company also makes and sells Sil jam and spreads, confectionery brands Lotus Chocolate, Toffeeman and Ravalgaon, Alan's Bugles snacks, Velvette shampoo, and self-created brands such as Independence staples. Most of its 15 brands are acquired. Availability of its brands, however, is currently restricted to select markets. An email sent to RCPL remained unanswered until press time Wednesday. The company wants to ensure its consumer portfolio is available nationally by March 2027, with about 70% availability by March next year for categories such as beverages, its director T Krishnakumar had told ET in an exclusive interview last month. "For any product to be scaled in an intense manner, you need 24-30 months, because anything less than that, you can't do a decent job," he had said. RCPL is following a strategy of focusing on "600 million consumers at the mass end and working closely with neighbourhood stores by giving them margins at today's cost," Krishnakumar had said in the interview. Reliance has priced its cola, sports, hydration and juice drinks at about 20-40% lower than Coca-Cola, PepsiCo, Tata Consumer Products and Dabur, forcing the incumbents to accelerate consumers promotions, trade margins, and introducing more smaller, lower priced packs selectively. The ongoing summer season, though, has been severely impacted on account of unseasonal rains and early onset of monsoon. According to think tank ICRIER, India's beverages industry, which includes carbonated soft drinks, juices and water, is estimated at Rs 67,000 crore and expected to touch sales of Rs 1.47 lakh crore in sales by 2030. In FY25, RCPL reported revenue of Rs 11,500 crore, with Campa and Independence crossing Rs 1,000 crore each in sales. The brands' overall reach crossed one million stores last fiscal, the company said in its earnings report.

How data analytics has transformed cricket
How data analytics has transformed cricket

Mint

time31-05-2025

  • Entertainment
  • Mint

How data analytics has transformed cricket

I've never been much of a sports viewer, but headlines have always been my hook. So, while the records Sri Lankan bowler Muttiah Muralitharan set in the 1990s and 2000s meant little to me, I was absorbed by the news reports of the three rounds of biomechanical testing he underwent to prove that his 'doosra' wasn't bending the rules. I still have no idea how many wickets he took, but I do remember that the machine took 250 photos per second and provided a 3D rendering of his bowling action. It seemed so cutting-edge, so unprecedented, so automated a way to measure what I'd always thought was a matter of personal skill and achievement. It was among the early demonstrations of data analysis in sports, and I, for one, had never seen anything like it. Now of course, we all have all sorts of trackers strapped to our wrists to tell us how much energy we've expended walking to the fridge for a snack. Naturally, then, for professional athletes, data gathering is at a whole other level with tracking software and machine learning transforming the game. Data analysts are now integral to sports teams, generating statistical breakdowns to explain ball speeds, angles of delivery and each player's strengths and weaknesses. Coaches don't just impart wisdom and technique, they optimise play based on these analyses. We take a deep dive into the world of cricket analytics, which has not only changed the way athletes perform but also how teams are picked, and the ways fans watch the sport. We don't just support a home team or fall in love with a player's form and grace anymore; we pick and choose depending on projections that give the likelihood of success. Even in fantasy leagues, it's data that's the MVP. The print issue of Mint Lounge dated 31 May 2025, which takes a deep dive into the world of cricket analytics. Look around you—a small doll with a mischievous smile might be strapped to a bag. They're called labubus and are trending world over. Even mobile phones are getting more personality thanks to anime-inspired charm bracelets and covers. Fashion is tapping into 'toycore"—the marriage of fashion and cuddlies. Pooja Singh unpacks the somewhat bizarre toycore trend that is a throwback to a lost childhood. The Assassin's Creed franchise is among the world's most popular games, giving players the experience of an open world, close links to actual historical events, and a narration that connects the protagonists of each game. Now, Assassin's Creed Shadows takes all these elements to give fans a setting that many had demanded—medieval Japan. Shouvik Das dives into the immersive world of Assassin's Creed Shadows, where players navigate a beautifully crafted medieval Japan and lose themselves in the intricate storyline. The drying of mahua flowers and the liquor-making process that follows is an age-old practice in Madhya Pradesh, but there's more to this indigenous flower than spirits. The juice can be turned into flavourful syrups and pulps that make great replacements for maple syrup, white sugar and other imported or processed sweeteners. Pastry chef Bani Nanda travelled in Madhya Pradesh to learn all about 'mahua', and she writes about the process of creating liquor and syrup and the ideas it sparked for new pastries and cakes. Back in Delhi, she experimented with the dried mahua flowers, mahua liquor and mahua syrup she brought back to create a beautiful entremet with mahua syrup sponge, chironji praline, salted caramel and mahua ganache. Microsoft laid off about 6,000 employees earlier this month; the US government has fired more than 600,000 staff this year. Most forecasts indicate lay-offs will continue, with greater incursion of AI into spheres that were dependent on human skills. This has an outsized impact on the morale of professionals, who left high and dry, or teetering on the edge, vulnerable to being fired any day. Being laid off is, needless to say, tragic, but it's also hard for those who have to do the dirty job of firing people. The middle managers and human resources executives who have to be the bearers of bad news become collateral damage in the process, writes Somak Ghoshal, while offering some suggestions about delivering bad news with grace and empathy. Fans of Lego, the popular building sets, travel the world in search of new sets and unusual pieces—but the Danish toy company has finally opened a store in India, in Gurugram. Spanning 4,500 square feet, it is the brand's largest store in South Asia and has everything from the Friends and Icons to the Technic and the Botanicals collections as well as fully built sets on display and play tables, and other popular features for adult fans of Lego. The store seems all set to become a place for fans of the popular building sets to congregate, build, and create a community, writes Tushar Kanwar, a lifelong Lego fan who has got his young daughter hooked to the toys.

Top 10 bowlers with most wickets in ICC Champions Trophy history
Top 10 bowlers with most wickets in ICC Champions Trophy history

Express Tribune

time12-02-2025

  • Sport
  • Express Tribune

Top 10 bowlers with most wickets in ICC Champions Trophy history

Over the years, the ICC Champions Trophy has witnessed some of the greatest bowlers delivering match-winning performances on the big stage. From devastating pace attacks to masterful spin spells, these bowlers have shaped the tournament's history. Here's a look at the top five wicket takers in its history, their standout performances, and their impact on the competition. 1. Kyle Mills (New Zealand) – 28 wickets The underrated yet highly effective New Zealand seamer Kyle Mills stands as the leading wicket-taker in Champions Trophy history, with 28 wickets in 15 matches (2002-2013). He was a consistent performer for the Black Caps, excelling in swing-friendly conditions. Memorable Spell: Mills' 3/69 against Sri Lanka in the 2009 edition remains one of his standout performances. His ability to extract movement off the pitch made him a threat against top-order batters. Tournament History: 2009: Instrumental in New Zealand's runners-up finish, taking 9 wickets in the tournament. 2013: Finished his Champions Trophy career with another solid outing, maintaining an economy of 4.29. 2. Lasith Malinga (Sri Lanka) – 25 wickets Renowned for his unplayable sling-arm action, Malinga was a key figure in Sri Lanka's Champions Trophy campaigns. His lethal yorkers and slower balls made him one of the most feared bowlers in the tournament. Memorable Spell: His 2/58 against England in the 2013 edition showcased his ability to destroy batting lineups as Sri Lanka comfortably chased England's 293 total. Tournament History: 2006-2017: Played in four editions, consistently finishing among Sri Lanka's top wicket-takers. 2017: Ended his Champions Trophy career with 25 wickets in 16 matches, an economy of 5.31, and a best bowling average of 30.64. 3. Muttiah Muralitharan (Sri Lanka) – 24 wickets One of the greatest spinners in cricket history, Muttiah Muralitharan played a crucial role in Sri Lanka's success in multiple editions of the Champions Trophy. His ability to bowl tight lines and deceive batters made him a nightmare for opposition teams. Memorable Spell: His 4/15 against the Netherlands in 2002 was a masterclass in spin bowling, where he completely dismantled the batting lineup. Tournament History: 1998-2009: Featured in five editions, playing 15 matches and finishing with 24 wickets at an economy of 3.60—the best among the top five bowlers. 2002: Helped Sri Lanka reach the final before the trophy was shared with India due to rain. 4. Brett Lee (Australia) – 22 wickets One of the fastest bowlers the game has seen, Brett Lee was a force to reckon with in the Champions Trophy. His aggressive pace and pinpoint accuracy made him a match-winner for Australia. Memorable Spell: Lee's 2/45 against New Zealand in the 2009 final saw Australia cap off a fantastic team performance for their victory. His raw pace and ability to strike early made the difference. Tournament History: 2006: Played a vital role in Australia's first Champions Trophy win. 2009: Continued his dominance, finishing his Champions Trophy career with 22 wickets in 15 matches. 5. Glenn McGrath (Australia) – 21 wickets A master of line and length, Glenn McGrath was a key figure in Australia's Champions Trophy success. His ability to apply pressure and extract movement from any surface made him an invaluable asset. Memorable Spell: His 5/37 against New Zealand in the 2002 edition remains one of the best spells in tournament history. Tournament History: 2000-2006: Played in three editions, picking up 21 wickets in just 12 matches. 2006: Led Australia's pace attack as they clinched their maiden Champions Trophy title. The Rest of the List: James Anderson (England) – 21 wickets (2006-2013) Jacques Kallis (South Africa) – 20 wickets (1998-2009) Mervyn Dillon (West Indies) – 19 wickets (1998-2004) Chaminda Vaas (Sri Lanka) – 18 wickets (1998-2006) Daniel Vettori (New Zealand) – 18 wickets (1998-2013) With the ICC Champions Trophy 2025 on the horizon, can a new bowler rise to claim the top spot on this prestigious list? Stay tuned for more updates.

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