HomeNewsTrendsFeaturesStoryboard18 | Thums Up's 'toofani' takes it to the billion-dollar brand club

Storyboard18 | Thums Up's 'toofani' takes it to the billion-dollar brand club

Coca-Cola India has leveraged Bollywood celebrities and popular cricketers to promote Thums Up in the India market.

February 11, 2022 / 11:13 IST
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(Representative Image) Brand Thums Up was launched almost 45 years ago in 1977 by Ramesh Chauhan of Parle and was acquired by Coca-Cola in 1993.
(Representative Image) Brand Thums Up was launched almost 45 years ago in 1977 by Ramesh Chauhan of Parle and was acquired by Coca-Cola in 1993.

Iconic Indian brand Thums Up has broken into the billion-dollar club, a goal The Coca-Cola Company has been aggressively working towards since 2019.

"Our local Thums Up brand became a billion-dollar brand in India, driven by focused marketing and execution plans," said chairman and CEO James Quincey on Thursday evening during a post-earnings call.

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In terms of the company’s results, the global beverages major said that the unit case volume grew 11 percent for the quarter, resulting in a low single-digit increase versus 2019. Growth was driven by China, India and the Philippines, partially offset by pressure in Australia due to the impact of the pandemic. Growth was led by Trademark Coca-Cola and sparkling flavours.

Besides, it added that unit case volume grew 13 percent for the quarter, driven by strong growth in the key markets of India and the Philippines.