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PesiCo India beverages and snacks sales fell by double digits


PesiCo India beverages and snacks sales fell by double digits
PepsiCo

Highlights :

  • PesiCo India beverages and snacks sales fell by double digits in the past 12 weeks
  • Covid-19 pandemic contributed to decrease in consumer demand
  • PesiCo had refranchised its entire beverages bottling operations to RJ Corp early last year.


PesiCo India beverages and snacks sales fell by double digits in the past 12 weeks period ended June 13.

The maker of PepsiCo Cola and Lay's snack said in a statement that in the Africa, Middle East and South Asia regions, it's beverages volume decline by 25%, reflecting double digit decline in India and Pakistan.

Covid-19 pandemic contributed to decrease in consumer demand, which had a negative impact on volume performance.

PesiCo had refranchised its entire beverages bottling operations to RJ Corp early last year.

About PepsiCo :

PesiCo Inc. is an American Multinational Food, Snack and Beverage corporation headquartered in Harrison, New York. 

PepsiCo was formed in 1965 with the merger of PepsiCo Cola Company and Frito-Lay Inc. 

Based on the net revenue, PepsiCo is the 2nd largest food and beverages business in the world, behind Nestle. 

PepsiCo Tagline :-

For the Love of it 

PepsiCo logo
PepsiCo logo

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