'Women must prioritise financial security.'
After beverages and chips, the US major is now betting big on the biscuits market in India.
Focusing on India as a rapidly growing market, US soft drinks giant Pepsico would pump in an estimated Rs 700 crore to set up four new food and beverages projects by 2012.
Daily essentials and food products will be cheaper from Monday, as leading FMCG companies have slashed prices, extending GST cut benefits to consumers.
PepsiCo India's new CEO admits to being an ardent follower of the world's management gurus and they clearly mould his outlook.
Procter & Gamble has announced Shailesh Jejurikar as its next CEO, effective January 1, 2026. Jejurikar, an India-born executive, will succeed Jon Moeller in the role.
Food and beverages major PepsiCo India on Thursday announced a partnership with N-Drip, a manufacturer of gravity-powered micro-irrigation system, to help farmers in India increase water efficiency. This is part of a global partnership between PepsiCo and N-Drip, aimed at increasing water efficiency across 10,000 hectares around the world by 2025, the company said in a statement. N-Drip's technology has already been introduced in Uttar Pradesh, Punjab, and Rajasthan to improve water efficiency levels across thousands of hectares in the country by 2025, PepsiCo India added.
Joint Commissioner, Food and Drugs Administration, Pune, had suspended license for its for plants at Ranjangaon and Taregaon after an inspection in May 2009 found that company was using some ingredients which were past their "best before" date.
Soft drinks and foods major Pepsico India Holdings Pvt Ltd has applied to the Foreign Investment Promotion Board to invest an additional $200 million (around Rs 950 crore) as equity in its Indian operations.
The VBL board approved the purchase of SBC Tanzania for Rs 1,304 crore and SBC Beverages Ghana for Rs 127 crore. These own manufacturing/distribution rights for NARTD (PepsiCo branded) beverages in Tanzania and Ghana. The acquisitions will help VBL gain ground in East and West Africa.
Global beverages and snacks major PepsiCo on Monday roped in former Nokia head for emerging markets, including India, D Shivakumar as its Chairman and CEO, India Region.
'It was great to have the Indian roots reflected in full force.'
Net income for the quarter stood at $1.14 billion or 71 cents per share, against $1.43 billion or 89 cents per share, a year ago.
Christened Smart Choice, PepsiCo launched the first such cafe in Chennai recently to promote its key category -- the health segment - which was marketed under the name Snack Smart.
With support from other farmer organisations and activists, including RSS-affiliate Bharatiya Kisan Sangh, the potato growers have not only sought compensation but also called for boycott of the food giant's products.
After IPL exit, beverage maker signs up as first BCCI on-ground sponsor
Lord's, the 'home of cricket', will host its first-ever Women's Test between India and England in 2026, the ECB announced on Thursday.
The good news for PepsiCo is that the foods segment has normalised much faster to pre-pandemic levels than beverages.
PepsiCo is trying to dislodge Coca-Cola in drinks, though the gap is still large.
Firm had sued them for buying seeds and selling a potato variety used for making Lays chips, It has been suggested that the farmers give an undertaking that they would never buy and sow the registered variety of FC-5 potato seeds in future.
Nooyi said India is a large vibrant market and should focus on developing India-specific strategies to sustain it.
It had filed cases against nine farmers from Sabarkantha and Aravalli districts in Gujarat for allegedly growing a variety of potatoes and sought damages ranging from Rs 20 lakh to Rs 1 crore.
Temasek is nearing a deal to acquire a 10% per cent stake in Haldiram Snacks Foods, valued at $10 billion.
Mondelez, Coca-Cola, PepsiCo and Nestle India have been working on bringing down the sugar, salt, and sodium content.
After trying to make a dent in the cola market with Campa by offering higher trade margins to the supply chain, Reliance Consumer Products is betting on the same strategy to capture the chips, namkeen, and biscuits market in the country's booming snacks sector.
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.
Dhoni endorses 42 brands to Bachchan's 41 and SRK's 34.
The company aims to expand its offering to include whole grains, fruits and vegetables
President Ramon Laguarta was elected by the board of directors to succeed her. Laguarta was also elected to the board.
The company, which has so far invested $2 billion in the country since its entry in 1989, said the investment will be made to strengthen its capability in various strategic areas, including innovation, manufacturing, infrastructure and agriculture.
Over the past year, Amul has undergone a transformative journey, evolving from a dairy-centric entity to a comprehensive foods company. Since 2022, PepsiCo India, too, has embarked on extensive launches in the food category. Not to be left behind, ITC, which has been introducing an average of 100 fast-moving consumer goods (FMCG) products across categories every year, has also launched a number of packaged food items.
The JV's Indian arm has launched two new flavours of the ready-to-drink ice tea, after it was withdrawn around seven years back when the JV entered the country.
PepsiCo India spokesperson said fake news suggesting Kurkure has plastic in it has affected the brand's reputation
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.
With a gradual rise in temperature and the start of heatwave, FMCG and dairy firms selling cola-based fizz drinks, juices, mineral water, ice creams and milk-based beverages expect a spike in sales and have ramped up their production and stocks to meet the anticipated consumer demand. The makers are launching new products keeping in mind the evolving consumer preferences and also investing substantially on promotions and expansion of the channels this season, company executives of beverage and ice cream makers said. Beverages major PepsiCo said summer months are naturally the most favourable season for its category and it is "optimistic" that its portfolio of brands will continue to delight consumers during the period.
'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.
Nooyi had recently said that the company might make two or more acquisitions outside North America this year to add snacks or drinks it did not already make.
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