PepsiCo’s senior executives, including Chairman and CEO Ramon Laguarta, met with Indian Prime Minister Narendra Modi in New Delhi to reaffirm the company’s long-standing commitment to India. Laguarta was joined by PepsiCo’s entire global board, representing the USD 91.8 billion company behind brands like Pepsi, Lays, Kurkure, Mountain Dew, 7...
General Mills, PepsiCo, Pursue Indian Snack Company
General Mills Inc., is in talks to buy a stake in an Indian savory snack giant Balaji Wafers, with the American food brand joining a host of other suitors for the firm. General Mills has approached Balaji’s founders for a deal to take a majority stake in the Indian firm,...
India Rises as a Growth Opportunity for Global Consumer Brands
India has emerged as a prime focus for global consumer goods giants seeking growth opportunities amid China's uneven economic recovery. With India's economy expanding rapidly among major emerging markets, companies are adapting their strategies to cater to the country's diverse consumer base and tap into its vast rural market potential....
Pepsico Harnesses India Tech Talent to Leverage GenAI
PepsiCo is aggressively adopting generative artificial intelligence (GenAI) technology to accelerate its product development and launch timelines, according to Chief Strategy and Transformation Officer Athina Kanioura. The company behind brands such as Pepsi, Tropicana, and Lays is leveraging GenAI across areas such as productivity, marketing, customer service, and feedback analysis...
PepsiCo Wins Patent Appeal in India
In January 2023, the Delhi High Court reversed its previous decision dismissing PepsiCo's appeal against an order preventing it from enforcing a patent on a potato variety. PepsiCo had sued Indian farmers in 2019 for growing the FC5 potato variety, used to make its potato chips, claiming patent infringement. It...
Pepsico To Set Up a New Manufacturing Plant in India
PepsiCo announced that it would set up a new manufacturing plant in India's eastern state of Assam, with an investment of $12 million . Spread over 44.2 acres, the facility will be launched in 2025 and provide employment to 500 people. The company will source 50,000 tons of potatoes from...