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The Economic Times
The Economic Times
Business

PepsiCo bullish on India, targets top-10 global market status

PepsiCo India Assam Nalbari

Global food and beverage major PepsiCo expects India to break into its list of top 10 global markets in the coming years, as the country continues to draw investment for its expanding manufacturing footprint and rising consumption potential, its India & South Asia CEO Jagrut Kotecha said on Thursday.

Calling India one of its most promising markets globally, he said the company remains "very bullish" on the country's growth potential, backed by an investment of around Rs 5,700 crore by 2030 to scale up capacity and strengthen its regional footprint.

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