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Indira Nooyi wants Indians to consume more sugar!
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Indira Nooyi wants Indians to consume more sugar!
PepsiCo’s announcement follows a similar one from rival Coca-Cola, which said last year it would invest $5 billion in India by 2020. Nooyi’s company plans to double its manufacturing capacity in India and improve its distribution network in rural areas. PepsiCo has 45 bottling plants and three food plants in India. “We are making this investment as we believe India’s fundamental story is still sound. The demographic dividend is there, the middle-class is growing. India will remain among very important markets for PepsiCo. Today, it is among the top 10 markets for us; I believe it will keep moving up. So far, we’ have only scratched the surface of the long-term growth opportunities,” Nooyi told Business Standard. In addition, Nooyi said the company plans to develop new products tailored to Indian tastes. PepsiCo doesn’t offer public breakdowns of its sales and earnings by country. But it said Monday that eight of its big brands in India including Pepsi and Frito-Lay generate sales totaling more than $1.26 billion in annual sales.
Read more at: http://www.firstpost.com/business/pepsicos-rs-33k-cr-investment-is-a-terrific-vote-of-confidence-in-india-1224015.html?utm_source=ref_article
Read more at: http://www.firstpost.com/business/pepsicos-rs-33k-cr-investment-is-a-terrific-vote-of-confidence-in-india-1224015.html?utm_source=ref_article
Rishi- Posts : 5129
Join date : 2011-09-02
Re: Indira Nooyi wants Indians to consume more sugar!
If feeding poison will enable Pepsi to make money, the board will be more than happy to dictate and Nooyi will only be glad to act on their directive. Who is she ...a highly principled person who puts welfare before money ? not when her annual pay is around $25 mil.Rishi wrote:PepsiCo’s announcement follows a similar one from rival Coca-Cola, which said last year it would invest $5 billion in India by 2020. Nooyi’s company plans to double its manufacturing capacity in India and improve its distribution network in rural areas. PepsiCo has 45 bottling plants and three food plants in India. “We are making this investment as we believe India’s fundamental story is still sound. The demographic dividend is there, the middle-class is growing. India will remain among very important markets for PepsiCo. Today, it is among the top 10 markets for us; I believe it will keep moving up. So far, we’ have only scratched the surface of the long-term growth opportunities,” Nooyi told Business Standard. In addition, Nooyi said the company plans to develop new products tailored to Indian tastes. PepsiCo doesn’t offer public breakdowns of its sales and earnings by country. But it said Monday that eight of its big brands in India including Pepsi and Frito-Lay generate sales totaling more than $1.26 billion in annual sales.
Read more at: http://www.firstpost.com/business/pepsicos-rs-33k-cr-investment-is-a-terrific-vote-of-confidence-in-india-1224015.html?utm_source=ref_article
Marathadi-Saamiyaar- Posts : 17675
Join date : 2011-04-30
Age : 110
Re: Indira Nooyi wants Indians to consume more sugar!
Indians are / were so proud of her for being appointed as the Pepsi head, including on SUCH.
Re: Indira Nooyi wants Indians to consume more sugar!
That reminds me. Anyone following the story of Mexican Coca Cola made with cane sugar as opposed to US Coca Cola made with corn syrup?
Hellsangel- Posts : 14721
Join date : 2011-04-28
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