# Reliance-backed Campa Cola and Coca-Cola are both gaining ground in India.

*business · news · 2026-05-06 · The New Indian Express*

## Key points

- Ravi Jaipuria acknowledged both Campa Cola and Coca-Cola are gaining market share in India.
- Reliance's Campa became India's 4th largest cola in less than two years after relaunch.
- Reliance's FMCG beverage category, including Campa, generated Rs 6,000 crore revenue in FY26.
- Reliance's Independence brand is now the third-largest packaged water player in India.
- Nearly a million new refrigeration points are being added annually across India's beverage market.

**Companies:** PepsiCo, Coca-Cola, Reliance Consumer Products, Varun Beverages Limited
**Countries:** India

[Read the full story on The New Indian Express](https://www.newindianexpress.com/business/2026/May/06/overall-cola-market-in-india-is-growing-ravi-jaipuria-of-varun-beverages)

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