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