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
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