Purchase, Harrison, NY-based food and beverage major PepsiCo, commissioned its largest greenfield foods plant in India's northern state of Uttar Pradesh. Built at a cost of $130 million the foods plant marks Pepsico's largest single manufacturing investment in India The facility is spread across 29 acres in the town of...
Pepsico Expands Portfolio of Ethnic Snacks in India
New York-based Pepsico continues to innovate its snack product mix to meet the Indian market’s fast growing demand. In June, it introduced Lay’s Wafer Style, a crunchy snack inspired by the homemade papad ( a thin fried or roasted lentil/rice flour wafer) that is popular in the south Indian market....
PepsiCo to Digitize Supply Chain in India
PepsiCo India is looking at using technology in both backward and forward integration and making it the cornerstone of its business. Ahmed El Sheikh, president and chief executive officer, said that the company has finalized a project which will digitize the total supply chain within PepsiCo India by digitally connecting...
PepsiCo to Invest $5 Million in Agricultural Supply Chain in India
In India, PepsiCo works with over 24,000 farmers in states such as Uttar Pradesh and Rajasthan. To ensure responsible agriculture sourcing solutions—or using crops farmed through less resource-intensive methods, the company will spend $5 million by 2020 for its agriculture supply chain in India. Christine Daugherty, global vice-president for sustainable agriculture at...
PepsiCo India Posts Double Digit Growth in Q3
PepsiCo India's organic sales saw a double-digit growth, but revenue growth remained at mid-single digits due to volatility in the rate of the rupee. This is the fourth consecutive quarter of growth that the Harrison, New York based beverages major has reported for the India market. "In Q3 2018, we...
Indian and Foreign Companies commit to $11 billion in Food Sector
Speaking at World Food India 2017 in New Delhi, India's Finance Minister Arun Jaitley said, "Food processing is going to be one of the principal industries of India in the future. The farm to kitchen chain is going to change in India, like elsewhere, with increased agricultural production, better storage...