PepsiCo Gears Up for Aggressive Growth in India with Strategic Investments

PepsiCo plans to double its revenue in India within five years, viewing it as a key growth market. The company is making significant investments in Indian manufacturing capabilities, with a focus on sustainability and local consumer preferences, contributing to its global revenue strategy.

PepsiCo is setting its sights on India as a major growth market, aiming to double its revenue there over the next five years, according to Jagrut Kotecha, CEO for India & South Asia. The company is investing aggressively to expand its capacity within the country, which ranks among its top global markets.

In an exclusive interview with PTI, Kotecha highlighted India's role as a 'growth engine' for the multinational's worldwide revenue. PepsiCo is experiencing double-digit growth in the country, making strategic investments in greenfield plants in Uttar Pradesh and Assam, with plans to open two more facilities, including one in the southern region.

The American food and beverage giant aligns its growth strategy with India's vision for 2030, focusing on three strategic pillars: 'faster, stronger, better.' Despite new competition from local players like Reliance's Campa Cola, PepsiCo is committed to capitalizing on the expanding Indian market.

(With inputs from agencies.)