Right choice, baby!

  • 05/10/2008

  • Week (Kochi)

Apparently, PepsiCo's Indian interests are not confined to Indra Nooyi. The soft drink major has big plans and will invest $500 million over the next three years in its Indian operations. It hopes to triple its revenues over the next five year, as well. Nooyi, chairperson and CEO of m PepsiCo, is on a visit to India with a 26-member executive committee. She announced that these investments would he spread over manufacturing capacity, market infrastructure, environment sustainability initiatives^ R&D, new product development and agriculture. The new investment if expected to generate 50,000 direct and indirect jobs.