PepsiCo plans to more than double its revenue in India in the next five years, considering the nation as a major anchor market. PepsiCo is investing heavily in building capacity, such as new greenfield facilities in Uttar Pradesh and Assam, with more under plans. India is of utmost importance for PepsiCo's growth globally, with the company seeing double-digit growth in the country. PepsiCo's approach involves sustainable solutions and region-based strategies to achieve growth. The company has already made a heavy investment in India and is looking to expand further.
Source: Economic Times, Business Standard, The Week.