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PepsiCo reports 'high single-digit' volume growth in Indian beverage market in Jan-Mar, ET Retail

PepsiCo s net revenue in the Africa, Middle East, and South Asia (AMESA) division, which covers the Indian market, went up by 2 per cent to USD 1.04 billion. The growth reflects an "organic volume growth and effective net pricing" and a partial offset of the impact of unfavourable foreign exchange, the company said. ....

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PepsiCo clocks high single-digit growth in India in Oct-Dec quarter

Global food and beverages major PepsiCo said it has clocked a high single-digit growth in the Indian market in the October-December quarter.
However, the growth in the Indian market was slower than some emerging markets like Brazil, where it reported double-digit growth.
Our fourth quarter international growth featured double-digit organic revenue growth in Brazil, high-single-digit growth in China, India, Australia and Germany, and mid-single-digit growth in the UK and Russia, PepsiCo Chairman and CEO Ramon Laguarta said in an earnings call.
The company has gained market share in the beverage segment in India during the quarter.
Our business momentum helped us gain savory share in many of our key snack markets, including Mexico, Brazil, China and Russia, and for beverages, we gained share in China, India, the UK, Germany, Egypt and Thailand within the year, Laguarta added. ....

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