PepsiCo India anounced its ‘Partnership of Progress’ with the state of Assam in regard to its first foods manufacturing plant in Nalbari, Assam with an investment of Rs 778 crore (USD 95 Million). Spread over 44.2 acres, the state-of-the-art plant is proposed to be operational in 2025 and aims to provide direct and indirect employment […]
PepsiCo does not intend to change its product portfolio following a report that artificial sweetener aspartame was set to be declared a possible carcinogen, Chief Financial Officer Hugh Johnston told Reuters on Thursday. Aspartame will be listed as “possibly carcinogenic to humans” on July 14 for the first time by the International Agency for Research […]
Tarun Bhagat has been promoted as Chief Marketing Officer, India and South Asia at global beverage giant Pepsico. Bhagat took to LinkedIn to announce his promotion: “I’m excited to announce that I’ll be joining PepsiCo as Chief Marketing Officer, India & South Asia Beverages!” Bhagat was previously the Senior Director of Marketing for Mountain Dew, […]
PepsiCo, said on Thursday that its Indian unit achieved “double-digit organic sales growth” in 2022. PepsiCo noted in its earnings report that it had gained market share in beverage and savoury snack markets, including India. PepsiCo’s net sales in the Africa, Middle East, and South Asia (AMESA) business, which includes India, increased 5.9 percent to […]
The US Federal Trade Commission (FTC) is investigating Coca-Cola Co and PepsiCo for potential price discrimination in the soft drink market, Politico reported on Monday, citing sources. According to the report, both companies’ pricing strategies are being scrutinised under the Robinson-Patman Act. The antitrust laws of the United States prohibit large franchises and chains from […]
In partnership with illustrator, Timea Balo, the design team of Pepsi has curated the collection
