JAGRUT KOTECHA
Potential in snacks & packed food business, innovating portfolio for Indian taste: PepsiCo
PepsiCo plans to enhance its food segment in India by tailoring products to regional tastes and focusing on innovations and premiumisation. The company will expand its snacks business, addressing low consumption and leveraging growing urbanisation. PepsiCo's diverse brands contribute significantly to its revenue, and its commitment to understanding consumer preferences drives its growth strategy.
Wits, prices and margins: India's cola war is getting hot
Coca-Cola and PepsiCo are striving to maintain their market positions while expanding their reach in India as Reliance revives Campa Cola with aggressive pricing. The re-ignited cola wars include strategic distribution expansions and competitive advertising campaigns, poised for significant growth.
PepsiCo to double India revenue in 5 yrs, invest in capacity building in key market
PepsiCo plans to double its revenue in India over the next five years, considering the country a key anchor market. The company is making aggressive investments to expand its capacity, focusing on sustainable solutions and region-specific strategies to drive growth in the Indian market.
Budget: FMCG makers say tax relief, enhanced spending on rural development to spur consumption
FMCG companies anticipate a boost in consumption growth due to tax reliefs and increased rural investments from the FY26 Budget. Finance Minister Nirmala Sitharaman's measures are expected to enhance disposable income, stimulate demand, and support the economic momentum. These budgetary provisions will particularly benefit the rural market and drive growth for essential and premium FMCG products.
Suitor PepsiCo joins Haldiram Snacks queue; US execs in direct talks with Aggarwal family
PepsiCo has recently entered negotiations for a minority stake in Haldiram Snacks Food, competing with contenders Temasek and Alpha Wave Global. The Aggarwal family, seeking their first external investment, expects a valuation of Rs 85,000-90,000 cr. PepsiCo aims to leverage Haldiram's market strength in ethnic snacks.
After squeeze in urban demand & price hikes, FMCG industry expects consumption revival in 2025
India's FMCG sector expects a 2025 rebound. 2024 brought high costs and inflation, slowing growth. Easing food prices and government spending offer hope. Premium products and quick commerce are gaining traction. Companies are innovating and adapting to changing consumer behavior. Rural demand is steady, and urban demand is projected to recover.
PepsiCo launches project to enhance livelihood prospects of women
The programme will help women unlock direct and indirect opportunities to improve livelihood prospects in unconventional roles like sales, manufacturing and agriculture within the FMCG sector, said PepsiCo India and South Asia chief HR officer Pavitra Singh. “Through a carefully crafted three-year strategy, we aim to enhance livelihood prospects for women in non-traditional roles across India, advancing progress through partnership with like-minded organisations to drive sustainable development and gender equality in the workforce,” Jagrut Kotecha, chief executive of PepsiCo India and South Asia, said in a statement.
PepsiCo India to invest Rs 1,266 crore to set up flavour manufacturing facility in Madhya Pradesh
PepsiCo India has planned to invest Rs 1,266 crore in setting up a flavour manufacturing facility in Ujjain, Madhya Pradesh, to expand its beverage production. The plant, scheduled to be operational by early 2026, aims to boost employment and benefit the local economy. The facility will operate on renewable energy, reducing carbon footprint significantly, and prioritize water efficiency with zero liquid discharge technology.
PepsiCo leans on Indian tech talent to leverage GenAI
The maker of Pepsi soft drink, Tropicana juices and Lays potato chips is also planning to expand its back-office operations in India and hire more employees.
PepsiCo announces Jagrut Kotecha as new India chief
Jagrut Kotecha is appointed as the new India chief of PepsiCo India. Ahmed El Sheikh will move on from his role as CEO for the Middle East Business Unit. PepsiCo's snacks business, which includes Lays and Doritos, declined in the quarter to September 2023. Kotecha, with extensive experience in snacks, is chosen to bolster PepsiCo India's snacks business. Kotecha previously worked at Cadbury India.
PepsiCo's Jagrut Kotecha emerging as top contender for CEO role in India operations
PepsiCo's senior vice president and chief commercial officer for AMESA, Jagrut Kotecha, is a leading candidate to head the company's India operations. Kotecha's extensive experience in PepsiCo's snacks business is considered advantageous as the company focuses on strengthening its snacking segment in India. The initial expectation of George Kovoor taking over the role is reconsidered due to the competitive challenges in the snacks business.
PepsiCo cuts sodium content in Lay’s, shrinks pack sizes of 2 salty snacks
PepsiCo India said it has already introduced upgraded variants of its Lay's snacks with reduced sodium in different flavours contain lesser sodium.
PepsiCo to reduce sodium content in snacks
PepsiCo will reduce sodium and fat content in snacks and sugar content across its juices and carbonated drinks by 2025.
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