The contract with Salman had expired last month and Coca-Cola is believed to be in talks with young star Ranveer Singh who could replace Salman Khan.
This has been reported in telegraphindia.com dated 20 October 2016.
As per a joint statement, Coca-Cola India and the actor has indicated that since Salman Khan was committed to an existing relationship with a daily TV show, which this year happens to be sponsored by a brand that competes with the Coca-Cola India product portfolio, both parties have mutually decided not to renew the current contract.
Some feel that the decision not to renew the contract with the 50-year-old star has more to do with the image of Coca-Cola because it is perceived as a brand for the young.
Coca-Cola India had taken inducted Salman as brand ambassador for the second time to endorse its Thums Up brand in October 2012. Salman Khan replaced another Bollywood star Akshay Kumar who had earlier endorsed the brand in the early 2000s.
Image courtesy wikimediacommons.org
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