A couple of the company's products under the "Lay's" brand are now available with a mix of spices containing 13 per cent and 15 per cent lesser sodium respectively
PepsiCo's sales numbers is in line with rival Coca-Cola
Ahmed El Sheikh to replace Shivakumar, who will join Aditya Birla group
With Doritos, company was focusing toward premium snacks for better margins
PepsiCo India has decided on growing its nutrition portfolio three times faster than its core fizzy drinks and snacks business, for the next few years. This comes after a visit in March by Indra Nooyi, its global chairperson and chief executive. Nooyi has keen interest in everyday nutritional products and instructed the local arm to grow the business rapidly in the coming years."This (nutrition business) is a far more long-term game, as educating the consumers, habit creation and developing a new business model takes time. The message is very clear: We need to grow faster than our core portfolio and remain over-invested in nutrition. This portfolio should grow 2.5 to three times faster. Value-added dairy is one of the fastest growing categories and this is the right time to get into it,"said Deepika Warrier, vice-president, nutrition category, PepsiCo India. The goal is part of a drive to change its portfolio, by promoting nutritious utility products and cutting the sugar content in ..
Will transform portfolio 3 years ahead of time: Vipul Prakash, senior vice-president of the company
The company's shares were up marginally at $107.15 in premarket trading on Wednesday
PepsiCo official said that under the programme, the company will include 10,000 women in the first year