MAM
Hindustan Coca-Cola Beverages announces appointment of Harsh Bhutani as chief financial officer
Mumbai– Hindustan Coca-Cola Beverages Pvt. Ltd. (HCCB) today announced the appointment of Mr. Harsh Bhutani as its chief financial officer. Bhutani will be responsible for leading HCCB’s financial operations, including Business Transformation, Mergers & Acquisitions, Tax, Treasury, Audit, Accounting & Controls, Reporting and Analysis, and Risk Management. Mr. Bhutani is currently serving as the Vice President of Finance for the India & Southwest Asia Operating Unit of The Coca-Cola Company.
“I am pleased to welcome Mr. Harsh Bhutani as CFO. With his deep financial and business experience, strategic acumen, inspirational leadership, and proven track record of driving strong financial results, his presence will strengthen HCCB’s financial health, steer strategic decision making and further bolster stakeholder confidence. His relentless work in making finance a strategic enabler of growth and being future-ready is well recognized in the industry. We know he will continue to drive the business forward and will be a great addition to the executive team. I wish him all the best in his new, well-deserved role,” said HCCB CEO Juan Pablo Rodriguez.
With over 25 years of experience as a seasoned financial professional, Mr. Bhutani will be returning to HCCB after a highly successful tenure in Coca-Cola India & Southwest Asia, where he played a key role in achieving double-digit growth on a year-on-year basis. He was responsible for the transformation of several key projects with system bottling partners across various parts of India & Southwest Asia. His relentless focus on supporting the sustainability priorities of the company and taking meaningful steps towards creating a circular economy, including introducing rPET, yielded positive results.
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Hyundai and TVS Motor partner to develop electric three wheelers
Joint development pact targets last mile mobility with localisation push
MUMBAI: Three wheels, one big ambition and a charge towards the future. Hyundai Motor Company and TVS Motor Company have signed a joint development agreement to co-create electric three-wheelers (E3Ws), aiming to crack India’s complex last-mile mobility puzzle. The collaboration moves beyond concept talk into execution mode, building on the E3W prototype first showcased at the Bharat Mobility Global Expo 2025. The goal now is clear, design, develop and commercialise a purpose-built vehicle tailored to Indian roads, riders and realities.
Under the agreement, Hyundai will lead design and co-development, bringing its global R&D muscle and human-centric engineering approach to the table. TVS Motor, meanwhile, will anchor the product on its electric platform, leveraging deep three-wheeler expertise and local market insight. It will also handle manufacturing and sales in India, with an eye on exports down the line.
The timing is strategic. India remains the world’s largest three-wheeler market, where affordability, durability and adaptability often outweigh sheer innovation. The upcoming E3W aims to strike that balance combining advanced technology with practical features such as adaptive ground clearance for monsoon-hit roads, improved thermal management for tropical climates, and flexible interiors suited for passengers, cargo or emergency use.
A key pillar of the partnership is localisation. Major components will be sourced and manufactured within India, a move expected to strengthen the domestic supply chain, create jobs, lower costs and improve after-sales support.
The shift from prototype to production will involve rigorous testing, certification and refinement to meet regulatory standards and consumer expectations. Dedicated cross-functional teams from both companies are already in place to accelerate timelines.
At a broader level, the tie-up reflects a growing trend in mobility, global players partnering with local specialists to navigate emerging markets. For Hyundai and TVS, the bet is that combining scale with street-level insight could unlock a new chapter in sustainable urban transport, one that runs not just on electricity, but on relevance.
