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Citra (drink)

From Wikipedia, the free encyclopedia
Lemon-lime soda
Not to be confused withCoca-Cola Citra.

Citra
TypeCitrus flavoredsoda
ManufacturerThe Coca-Cola Company
OriginIndia
Introduced1980s, 2012
ColourClear
FlavourLemon andLime

Citra was a clearlemon- and lime-flavoured soda sold inIndia in the 1980s and early 1990s.[1] Citra was owned byParle Bisleri. Along with other Parle brands,Thums Up,Limca,Gold Spot andMaaza, Citra was sold toCoca-Cola in 1993 in a deal that was reportedly worth $40 million.[2][3] At the time of sale, the Parle brands together had a 60% market share in the aeratedwater industry.[4] The brand was strong in South India.[5] Citra was phased out by the year 2000 to make way for Coke's international brand,Sprite.[6]

In 1998, Coke introduced a new drink in theUS market also called Citra which was later renamedFanta Citrus. Although the brand name was similar, this was a totally different grapefruit-based formula.[7] In February 2012, Coke announced that it was reviving the Citra brand in rural areas ofMaharashtra andGujarat on a pilot basis, on a price strategy that will be 20% cheaper than other Coke and competitor brands.[1] The relaunch is aimed at competing with smaller regional brands.[8][1]

References

[edit]
  1. ^abc"Coca-Cola to revive Citra after 19 years, aims mopping up volumes".The Economic Times. 13 February 2012. Archived fromthe original on 11 May 2013. Retrieved22 February 2012.
  2. ^Kachru, Upendra (2009).Strategic Management: Concepts and Cases. Excel Books India. pp. 689, 690.ISBN 978-81-7446-424-8.
  3. ^"Coke uncorks war of words with partner".Reading Eagle. 8 January 1995. Retrieved22 February 2012.
  4. ^Ray, Pradeep Kanta (2005).FDI and industrial organization in developing countries: the challenge of globalization in India. Ashgate Publishing, Ltd. p. 82.ISBN 0-7546-4322-0.
  5. ^"Market dynamics force Coke to delay launch of diet cola".The Indian Express. 7 June 1998. Archived fromthe original on 9 March 2012. Retrieved22 February 2012.
  6. ^"From household names to forgotten history: Story of India's grand old brands such as Binaca, Dalda & Moti Soaps".The Economic Times. 28 November 2011. Archived fromthe original on 11 May 2013. Retrieved22 February 2012.
  7. ^"Coca-Cola unveils new citrus-flavoured soda".Herald-Journal. 20 February 1998. Retrieved22 February 2012.
  8. ^"Coke and Pepsi in war of flavours this season".The Times of India. 22 February 2012. Retrieved22 February 2012.
Citrus drink lines
Citrus drinks
Lemon-lime drinks
Orange soft drinks
Grapefruit drinks
Tangerine drinks
Brands
Soft drinks
Juices and teas
Sports drinks
Monster Beverage
(17.9% stake)
Bottled water
Coffee-based
Dairy-based
Purchased fromBisleri
Joint ventures
Former holdings
Legal
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andslogans
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