The signing of the agreement will see both PepsiCo and AFDP join hands in the execution of major social responsibility projects using football as a tool for social development.
The initiative, themed 'Kick for Hope', will look to execute special grassroots football projects to increase participation in the sport.
In India, PepsiCo and AFDP will support Magic Bus Sport for Development (S4D) programme across Indian states to provide sports opportunities for marginalised community people.
Both organisations will jointly encourage the creation of women's football tournaments in the countries covered by the agreement with a focus on the Middle East and India.