Coke CEO-designate James Quincey may take up sugar tax with PM Narendra Modi
By Team Legistify / 2017-03-28

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NEW DELHI: Coca-Cola’s global CEO-designate James Quincey is likely to meet Prime Minister Narendra Modi during his visit to India next week amid talk that New Delhi may bring in a sugar tax on carbonated beverages as part of the programme to promote a healthy lifestyle.

“Quincey will discuss the implications of a likely sugar tax with the PM, with the Goods and Service Tax (GST) expected to roll out soon,” an official directly aware of the development said.

The proposed meeting, which the company says is not yet confirmed by the administration, takes place just before the British-born executive assumes leadership of the world’s largest beverage firm.

“We are yet to receive any official confirmation from the office of the Prime Minister with regard to this meeting, (and), therefore, unable to comment,” a Coca-Cola India spokesperson said in response to an e-mailed query.

Quincey takes over as chief executive on May 1 this year, succeeding outgoing chief Muhtar Kent. Last week, Coca-Cola India president Venkatesh Kini had suggested a sugar tax on all products — not just beverages — that use the sweetener.

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