Business World

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. P esiCo 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...