Business Standard

We are re-engineering our costs: D Shivakumar, chairman & CEO, PepsiCo

PepsiCo is focusing on health and nutrition drinks through Tropicana and Quaker in India

D Shivakumar
Premium

Arnab Dutta New Delhi
As sales of cola drinks suffer, beverages major PepsiCo India Holding’s financials have been under pressure. During FY16, its net loss widened to Rs 538 crore from Rs 177 crore a year ago and revenue fell by 18 per cent to Rs 6,626 crore. The Indian arm of New York-based cola giant is effecting a lot of changes, starting from its product offerings to its communications strategy. D Shivakumar, chairman and chief executive officer (CEO) of PepsiCo in India shares his views with Arnab Dutta. Edited Excerpts:

PepsiCo’s global CEO Indra Nooyi announced recently that the firm will transform its portfolio

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in