THE NEWS: The Coca-Cola Co. said Tuesday that it will invest another $3 billion in India through 2020, in addition to the $2 billion it already planned to invest in the country.

THE BACKGROUND: The Atlanta company is increasingly looking to emerging markets such as India and China for profit, as growth in the U.S. has slowed.

Recommended Stories

GM bests Wall Street expectations with incoming $500 million tariff refund

Pro-animal group goes after foie gras in new proposed DC ballot initiative

United CEO takes merger with American Airlines off the table

THE MARKET: India is among Coca-Cola’s 10 biggest markets globally. The company’s Maaza is India’s best-selling juice drink and its Thums Up and Sprite are the country’s top-selling soft drinks.