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CorpWatchIndia.org | May 28, 2002
US giant Coca Cola draws water freely from the common groundwater resource available to it in Kerala- the basis for its profits. This comes at a tremendous expense to the community who are left with dwindling water resources in the area because of Coke\'s thirst for profits, as well as polluted water because of Coke\'s operations in the area.
WATER : No Water? Drink Coke! US giant Coca Cola draws water freely from the common groundwater resource available to it in Kerala- the basis for its profits. This comes at a tremendous expense to the community who are left with dwindling water resources in the area because of Coke\'s thirst for profits, as well as polluted water because of Coke\'s operations in the area. Nityanand Jayaraman looks at the concerns surrounding Coca Cola\'s operations as well as the big picture- privatization of water for profits at the expense of community access to water.
Water Profiteers Anjali Kamat examines the practice of companies drawing on common groundwater resources in Chennai and the government response (or a lack of) to the problem of privatizing water. And how the scarcity of water means big business for the water companies themselves.
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