Nooyi also indicated that PepsiCo will double its workforce in China over the next five years, which the company sees as a major growth market.
Pepsi as a brand has started analysing the impact of Indian cricket team's loss of face in the ongoing world cup and is likely to come out with a new advertising and branding strategy.
The company plans to launch a full-fledged campaign soon.
The current chairman Steven S Reinemund, 58 retires on May 2, as he had announced last August.
Soft drink giant Pepsi Co India on Friday said it would launch the guava and litchi flavoured non-carbonated beverages under its Tropicana brand.
With consumers going the healthy way, PepsiCo decided to transform its portfolio from 'fun-filled' to 'good-filled' products, the beverages major's chief Indra Nooyi, Chairman and CEO of PepsiCo, said on Friday.
'We did take after take, confusing and stressing her out, until she just threw up her hands and said she couldn't do it.' 'She was close to tears.' A fascinating excerpt from Adman Madman: Unapologetically Prahlad by Prahlad Kakar with Rupangi Sharma.
Stating that implementation of the demonetisation policy had its "share of challenges", Nooyi hoped that things will return to normal by the second quarter.
Ivory Coast and Chelsea striker Didier Drogba will visit India next month for the grand finale of Pepsi T20 Football event.
With this deal, Jaipuria's RJ Corp will own over 10 bottling plants, controlling 25 per cent of PepsiCo's bottling capacity in the country (earlier he was PepsiCo's largest bottler together with his family). Confirming the development, Jaipuria said the deal would be complete in a day or two. "The West Bengal operations will contribute 10 to 15 per cent to our turnover," he said.
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India's star batsman Virat Kohli will finally be seen on the screen with girlfriend Anushka Sharma in Pepsi's new television commerical, which also features Bollywood superstar Ranbir Kapoor.
The PCB also said the television rights for India's tour to Pakistan will remain with the TEN Sports channel.
The Madras High Court Bench in Madurai on Thursday dismissed a couple of public interest litigation petitions filed against the supply of Tamirabarani surface water to industries set up by co-packers of Pepsi and Coca Cola at the Industrial Growth Centre established by SIPCOT at Gangaikondan in Tirunelveli district of Tamil Nadu.
Pepsi is testing waters for sports drinks in India with the launch of 'Gatorade' and said it would start manufacturing the product in India when sales register high growth.
The Calcutta High Court on Friday said if soft drinks majors Coca Cola and Pepsi failed to comply with its order in filing affidavits on a writ petition, it would be constrained to ban their drinks' sale in West Bengal.\n\n
State Assembly recommends imposition of curbs on extraction of water by the plant.
The prospective bidders of Haldiram Snacks Foods (HSFPL), a leading food firm, have sought clarity on the ownership of the brand as it is currently owned by different family factions. The Delhi and Nagpur families have decided to merge their operations and formed a joint venture to sell part of their stake. On the other hand, the Kolkata family runs its separate, independent operations. Bankers said prospective bidders of the company do not want any confusion over the brand in future. They have sought clarity over usage of the brand.
Stung by the "pesticides report" on colas by CSE, Pepsi on Friday filed a writ petition in the Delhi High Court seeking to restrain the NGO from publishing the report, while asking for an independent evaluation of the "damaging" report.
After 11 years of hanging like a sword on PepsiCo India Holdings Ltd, the government's condition that the company must dilute its equity in fully-owned downstream ventures is close to being waived.
It's Sanjeev Chadha, named Pepsi's chief executive for Asia, W Asia & Africa, versus Coca-Cola's Atul Singh.
The soft drinks giant bagged the sponsorship rights along with TVS Motor company and Videocon for matches in India in 2003-04.
After years of mounting pressure against corporate control of water and demand for accountability, Pepsi has agreed to provide consumers with more information about the source of the water used for their bottled water brand Aquafina.
PepsiCo announced on Saturday change in top management of its India operations with Sanjeev Chadha designated to take over as General Manager Pepsi-Cola India, while incumbent Rajeev Bakshi will move to head the company's Asia commercial team.
'Ask a beat journalist their opinion, and you will always be told that they are more worried about writing something that would upset a company than something that would anger a politician,' says Mihir S Sharma.
Coca-Cola Classic became the No.1 drink in the US with a sales of more than 1.6 billion cases sold in 2010.
"There are 12,000 farmers doing contract farming of potato for us involving 16,000 acres of land," executive vice president of PepsiCo Holdings (agro-business) Nischint Bhatia told PTI.
Nooyi said India is a large vibrant market and should focus on developing India-specific strategies to sustain it.
Pepsi will pay USD 3.13 million to resolve a charge of racial discrimination related to criminal background checks for job screenings, which led to disproportionate exclusion of 'black' applicants.
Snack food and beverage major PepsiCo plans to replace carbonated or sparkling beverages with juices and other low-calorie products in schools
Just four years before, Coke factories consumed over four litres of water for every litre of beverage sold. Now, it is 2.5 litres, a reduction of 34 per cent.
Tata Tea, part of the Ratan Tata-led business conglomerate, announced a preliminary agreement with global beverage major PepsiCo for exploring a joint venture in the non-carbonated beverage business.
The ball, explains the division's new head of marketing, Vidur Vyas, was set rolling a few years earlier, when Pepsi Foods cut saturated fats in key snack brands such as Lays and Kurkure by close to 40 per cent.
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