Technoglitch
Core Member
The Tamil Nadu government has cancelled the permission given to Coca-Cola to build a bottling and manufacturing plant in Erode district following protests by farmers, who argued the unit would deplete groundwater reserves.
The permission granted to Hindustan Coca-Cola Beverages Pvt Ltd to set up the plant at Perundurai, 500 km from Chennai, and the allocation of land had been cancelled, sources in the department of industries said on Tuesday.
All political parties barring the ruling AIADMK had backed residents of Erode in their struggle against the beverage major.
Coca-Cola said in a statement that it was committed to investing in Tamil Nadu but it would not be "able to invest in SIPCOT, Pedundurai" because of "unforeseen pressures and delays". It said that it was allotted a parcel of land last year and that "the project was delayed due to unanticipated, outside pressures".
The firm claimed "some approvals were not coming through" despite repeated follow-ups and requested the state government to refund the money paid so far.
Coca-Cola plant's permit cancelled in TN after farmers protest
The permission granted to Hindustan Coca-Cola Beverages Pvt Ltd to set up the plant at Perundurai, 500 km from Chennai, and the allocation of land had been cancelled, sources in the department of industries said on Tuesday.
All political parties barring the ruling AIADMK had backed residents of Erode in their struggle against the beverage major.
Coca-Cola said in a statement that it was committed to investing in Tamil Nadu but it would not be "able to invest in SIPCOT, Pedundurai" because of "unforeseen pressures and delays". It said that it was allotted a parcel of land last year and that "the project was delayed due to unanticipated, outside pressures".
The firm claimed "some approvals were not coming through" despite repeated follow-ups and requested the state government to refund the money paid so far.
Coca-Cola plant's permit cancelled in TN after farmers protest