date:May 08, 2014
Indonesia's biggest bottled water producer Danone AQUA plans to double its annual production capacity to as much as 20 billion litres in the next 3-5 years to fend off rising competition and meet surging demand, its top executive said on Wednesday.
The move comes as global food and beverage companies including Japan's Asahi Group Holdings Ltd and Coca-Cola Co are increasingly jostling for market share in the world's fourth most populous nation with around 240 million people.
Danone AQUA, which