Global soft drink giant The Coca-Cola Company reported growth in its business during the July-September quarter, driven by significant sales of ready-to-drink beverages in India. The company, operating in over 190 countries, achieved a two percent increase in global volume sales, marking its best performance since the start of the pandemic in early 2020.

James Quincey, the CEO, highlighted double-digit volume growth in the Indian market, leading to value share gains over the past three years. India’s growth also contributed to the company’s 2 percent global volume sales increase, alongside gains in Mexico, Japan, the Philippines,

South Korea, and Japan.

Coca-Cola’s net revenue rose by 8 percent year-on-year to reach $12 billion, with a 6 percent increase in operating income. The company’s ongoing re-franchising efforts in markets like India are part of its

strategy for sustainable long-term growth, according to John Murphy, the Chief Financial Officer.