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The Story - In 1998 Coca-Cola set up a bottling plant in Perumatti in the southern state of Kerala. Since it opened, local villagers have complained about the fall in the amount of water available to them and have blamed the fall in supplies on Coca Cola who, they claim, use up to a million liters per day at the plant. Coca-Cola claims that the shortage in the water is due to the lack of rains in the region. Coca-Cola even sends round tankers of water to the region to help the local community. Local farmers are claiming that their livelihood has been destroyed since the building of the plant and that the number of people working on the land has dropped considerably because they cannot survive.

2006-08-29 22:05:01 · 1 answers · asked by pavelkrymski 1 in Business & Finance Other - Business & Finance

1 answers

This is all give and take. There is no perfect relationship, especially in the corporate world. Keep in mind, what is the benefit to the area, jobs, money, development?

Maybe Coke provides more of a service than what they are taking. Coke is a good company, they are also a good stock.

2006-08-29 22:13:39 · answer #1 · answered by Jon H 5 · 0 0

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