Coca-Cola India announced it has signed a partnership deal with Luxmi Tea Company Private Limited to foray into the ready-to-drink tea beverage in the country. While the company is already selling various RTD products, this is the first time that it is selling tea drinks in the RTD segment.
As per BQ Prime, Coca-Cola India revealed its tie-up with the local firm, Luxmi Tea Company, on Wednesday, Nov. 22. With the collaboration, the drink manufacturer will launch Honest Tea which is owned by The Coca-Cola Company’s Honest subsidiary.
Details of the Agreement
Under the memorandum of understanding contract, the organic green tea that will be used for the new Honest Tea RTD line of Coca-Cola India will be provided by Luxmi Tea Co. Private Ltd's Makaibari Tea Estate. This MOU was signed by the companies during the 7th Edition of the Bengal Global Business Summit (BGBS) that was held in Kolkata, India from Nov. 21 to Nov. 22.
It was reported that the main idea for the launch of Coca-Cola India’s RTD tea drinks is to provide consumers with more beverage options in the country. For the initial launch, the locals may look forward to a few flavors of iced green tea which are Lemon-Tulsi and Mango variants.
Coca-Cola India Debuts Ready-to-Drink Iced Green Tea Range
Business Standard reported that the supplier of organic tea for Coca-Cola’s RTD tea beverages in India is the producer of an award-winning variety of teas. Now these will also be offered to consumers through the Honest Tea brand. The new products were formally introduced on the second day of the BGBS.
“We are thrilled to introduce our new ready-to-drink iced green tea,” Coca-Cola India and Southwest Asia’s director of marketing - hydration, coffee and tea unit, Karthik Subramanian, said in a statement. “With Honest Tea, we are offering consumers a unique experience of a great tasting green tea-based beverage.”
Photo by: Mahbod Akhzami/Unsplash


Indian Refiners Use Yuan via ICICI Bank to Pay for Iranian Oil Under U.S. Sanctions Waiver
Anthropic CEO Meets Trump Officials to Discuss Powerful New AI Model Mythos
AEVEX Raises $320 Million in IPO Amid Surging Defense Sector Demand
Apple Wins ITC Ruling, Keeping Blood-Oxygen Feature on Apple Watch
Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO
China Food Delivery Stocks Dip as Regulators Crack Down on “Ghost Deliveries”
Huawei Expands Vietnam Presence Through Strategic Partnership with SHB Bank
OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push
Ethiopian Airlines Expands Fleet with New Boeing 787 Dreamliner Order to Boost Global Routes
Eli Lilly in Talks to Acquire Kelonia Therapeutics for Over $2 Billion
J.P. Morgan Downgrades Essity AB on Rising Costs and Weak Earnings Outlook
Chinese Robotics Stocks React as Humanoid Robot Marathon Sparks Competition Concerns
Want to cut your energy bills? Here’s how five experts are doing it
Greg Abel Sells Berkshire Hathaway Stocks Managed by Former Investment Manager Todd Combs
Nidec Stock Rises After Accounting Probe Report Eases Delisting Concerns
OPmobility Reports Q1 Revenue Dip Amid Automotive Industry Slowdown
NVIDIA Acquisition Rumors Dismissed by Morgan Stanley as Strategically Flawed 



