Jagrut Kotecha, CEO of PepsiCo India & South Asia
PepsiCo India reported a web revenue of ₹1,172 crore in CY24, whereas revenues stood at ₹8,877 crore. The corporate stated it delivered sturdy top-line and bottom-line efficiency regardless of a difficult exterior panorama.
These numbers will not be corresponding to the earlier monetary 12 months’s figures, as that interval lined solely 9 months.
Jagrut Kotecha, CEO of PepsiCo India & South Asia, stated the corporate has “daring development ambitions” for the subsequent 5 years.
“Over the previous 12 months, the FMCG business in India has proven exceptional resilience within the face of a difficult exterior atmosphere, the place it witnessed a slowdown in city consumption together with inflationary pressures. On this context, PepsiCo India’s sturdy efficiency in 2024 throughout meals and beverage classes is a testomony to its dynamic advertising and marketing, market execution, and consumer-centric innovation,” he added.
The corporate is planning to arrange a brand new manufacturing plant for its snacks enterprise at Mannaparrai close to Tiruchirapalli in southern Tamil Nadu. It’s also within the technique of organising a plant in Assam.
“As we deepen our funding in India’s development story, we’re increasing our scaled-up capability to satisfy rising demand. On the identical time, we proceed to increase our manufacturers and market infrastructure to drive scale whereas sustaining wholesome margins. Whilst we delivered on our development targets in 2024, we ensured equally sturdy progress on our sustainability agenda,” Kotecha acknowledged.
Just lately, the worldwide management of PepsiCo has expressed bullishness on the expansion of its India enterprise within the snacks and beverage segments.
“Whereas these figures will not be instantly comparable year-on-year because of the shift in our monetary reporting calendar, the numerous enchancment in our revenue margins over the past three reporting durations underscores the energy of our enterprise mannequin and our momentum out there,” added Kaushik Mitra, Vice President & CFO, PepsiCo India and South Asia.
Revealed on Could 28, 2025
