
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, March 21, 1990                   TAG: 9003232594
SECTION: NATIONAL/INTERNATIONAL                    PAGE: A9   EDITION: EVENING 
SOURCE: 
DATELINE: NEW DELHI, INDIA                                LENGTH: Short

INDIA REJECTS COKE'S BID TO BUILD PLANT

Coca-Cola lost its bid to return to India today when the government turned down an application that would have allowed the soft drink maker to compete with domestic producers.

Even a spokesman for Coke's top competitor, Pepsi-Cola, criticized the move as a return to economic nationalism by India, which in recent years had encouraged foreign investment.

-Associated Press

by CNB