While on the volume side, the company has reported a "high-single-digit growth" for the Indian market for the convenient foods and beverages units
Lay's Wafer Style will be available in three flavours across various price points; will be launched across all channels of distribution
Withdrawing the lawsuits the same year, the New York-based company said it wanted to settle the issue amicably
"This is a move aimed at closing in on the category leader ThumsUp," a Pepsi official told the 'Economic Times'.
When compared with some of its other markets like Brazil, the India business of PepsiCo remained below par
Estimates indicate that volumes for the whole year for beverages will be down to a third of last year, despite the push by soft drink companies to go online
Capacity utilisation at the two units is not more than 25%, but will increase as more people make their way back to work, according to industry sources
With brands of all sizes, and across categories, leaning heavily on influencers, the world of online persuaders is in for a makeover
The company will invest more than Rs 500 crore in the proposed plant at Kosi, Mathura through the foreign direct investment (FDI) route and create nearly 1,500 direct and indirect jobs
The cola major signs on the controversial actor as the face of the brand; a strategic move or a colossal blunder, ask experts
PepsiCo is following what has increasingly become the norm, using endorsers to kickstart a campaign that is taken forward by influencers on social media
PepsiCo India has been named the global ACE winner in sustainable operations in the multinational enterprise category for its sustainable farming initiative in India
Under the extended producer responsibility EPR) programe, Pepsico India collected 6,500 metric tonne of post- consumer PET
The company said the QIP issue opened on September 3, 2019 and closed on September 6, 2019
Nestle derives around a quarter of its annual sales from rural areas and has been working on improving this number via a distribution and manufacturing push
The company finesses the regional game for Lay's and Kurkure, acquires local tastes and habits to beat back competition from home grown snack makers
The new investment plan is in line with PepsiCo's goal to double its snacks business in the country by 2022
The withdrawal of cases comes after the company held discussions with the government
Food and Beverages major PepsiCo India is aiming to double revenue from its snacks business in India in the next four years, by expanding its product portfolio and reach in the country. The company will start an experimental project in one of the cities in North India on its biodegradable packaging material by the end of this year, said a management official."We are aiming at doubling our revenue in the next four years. It would be mainly through expansion of our four existing brands - Lays, Kurukure, Doritos and Cheetos," said Jagrut Kotecha, vice president - snacks category - PepsiCo India. He added that the distribution network currently has around 3 million stores and this will be expanded to 5 million in four years, with a thrust on the rural market.While he refused to divulge the current revenue of the company, it is said that its two major brands - Lays and Kurukure - are more than Rs 10 billion each and are growing fast. The total snacks market in India is around Rs 220 ...
PepsiCo India spokesperson said fake news suggesting Kurkure has plastic in it has affected the brand's reputation