PepsiCo India Holdings Pvt Ltd has secured a significant land allocation at the State Industrial Promotion Corporation of Tamil Nadu’s (SIPCOT) industrial park near Mannapparai. Situated along the Tiruchi-Dindigul National Highway, the FMCG giant has been granted 27.96 acres, where it is expected to set up a manufacturing facility focused on producing potato crisps and…
The government of Vietnam announced on Friday that American food and beverage manufacturer PepsiCo Inc. committed to investing an additional $400 million in the nation to construct two new plants using renewable energy. The announcement was made during a three-day work visit to Vietnam this week by representatives of over sixty American businesses, including Suntory…
PepsiCo released mixed quarterly results on Friday, citing a decline in North American demand for its beverages and food products. According to CEO Ramon Laguarta, the fourth quarter saw a general decrease in US sales. In a conference call with investors, he said, “Part of that is a slowdown due to pricing and [consumers’] disposable…