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Cobra Beer Will Invest 4.5 Million Pounds In India

Cobra Beer Will Invest 4.5 Million Pounds In India

Cobra Beer has said that the company is planning to invest 4.5 million pounds its Indian business. Mr. Karan Bilimoria, the founder of Cobra Beer, said Indian beer market had enormous potential. Cobra Beer went into administration in May with debts of around 70 million pounds owed to suppliers before Mr. Bilimoria sold 50.1 percent of the shares to the North American company Molson Coors for 14 million pounds, it learnt from the Sunday Times report. [...more]

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