PepsiCo India's revenue grows in double digits in January-February

PepsiCo's sales numbers is in line with rival Coca-Cola

PepsiCo India’s revenue grew in double digits during the first two months of the year, said Indra Nooyi, the cola major’s global chairperson and chief executive officer, in an investor call on Thursday. The performance follows a mid-single digit volume growth during the period between September and December 2017.

PepsiCo’s sales numbers, in line with rival Coca-Cola, indicate a recovery in consumer sentiment after a lull, when the sales of the cola drinks suffered heavily in the country. In February, Nooyi had indicated the green shoots are in the horizon as the consumer market was recovering fast from the glitches