Indonesia's biggest bottled water producer Danone AQUA plans to double its annual production capacity to as much as 20 billion liters in next three-to-five years to fend off rising competition, meet surging demand
Nevin Barich
JAKARTA, Indonesia and SINGAPORE
,
May 8, 2014
(Industry Intelligence Inc.)
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Indonesia's biggest bottled water producer Danone AQUA plans to double its annual production capacity to as much as 20 billion liters in the next three-to-five years to fend off rising competition and meet surging demand, Thomson Reuters Corp. reported May 7.
Danone AQUA President Director Charlie Cappetti said the company, which controls around 40% of Indonesia's bottled water market, also plans to launch new products and step up its marketing.
The primary source of this article is Thomson Reuters Corp., London, England, on May 7, 2014. Click here to read the primary source's full version of the article.
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