Salman Khan dropped as Thums Up brand ambassador
- India billionaires mount dollar-debt rush after India’s rating upgrade
- Mercedes steps up electric-van push to counter Deutsche Post
- Priya Ranjan Dasmunsi, senior Congress leader, dies at 72
- Reliance Communications faces risk of insolvency: SC Lowy
- Supreme Court stays NGT’s direction to open new path to Vaishno Devi
New Delhi: Beverages major Coca-Cola India has dropped bollywood actor Salman Khan as brand ambassador for its soft drink ‘Thums Up’ after four years of association. The company is in talks with actor Ranveer Singh to replace him.
The contract with Salman Khan had expired last month and the company has chosen not to renew it, according to people in the industry familiar with the matter. When contacted, Coca-Cola India declined to comment.
The company’s decision to not to renew the contract with the actor is more to do with the image of Coca-Cola, which is seen as a young brand, people aware of the development said. “That explains why Coca-Cola is talking to a much younger star like Ranveer Singh,” they added.
Salman Khan has been among the top celebrity endorsers reportedly charging Rs.5 crore per year per brand. Recently, he was involved in a controversy when he supported Pakistani artists saying they were not terrorists in the wake of a debate on whether they should be allowed to work in Indian movies after the Uri attack.
Coca Cola India had roped in Khan as its brand ambassador for the second time to endorse its Thums Up brand in October 2012 replacing another Bollywood star Akshay Kumar. He had earlier endorsed the brand in early 2000s. At that time, Coca-Cola India had also signed an agreement with Being Human—The Salman Khan Foundation—to jointly promote, conceive and execute charitable and social activities.