PepsiCo entered India in 1989 and in a short period, has grown into one of the largest food and beverage businesses in the country.
One of the largest US multinational investors in the country, PepsiCo has been consistently investing in India and has built an expansive beverage and snack food business supported by 38 beverage plants and 3 food plants.
PepsiCo and its partners recently announced an additional targeted investment of Rs. 33,000 Crore (5.5 billion USD) in India by 2020 in the areas of product innovation, increasing manufacturing capacity, ramping up market infrastructure, strengthening supply chain and expanding company’s agriculture programme.
PepsiCo India’s diverse portfolio includes iconic brands like Pepsi, Lay’s, Kurkure, Tropicana, Gatorade and Quaker. In two decades, the company has been able to organically grow eight brands that generate Rs. 1000 crores or more (1.6 billion USD) in estimated annual retails sales and are household names, trusted across the country.