PepsiCo makes snacks such as Lay's and Kurkure in India and sells beverages bottled largely by its franchise partner Varun Beverages. It is expanding food and beverage manufacturing and supply chain capacity in the country.
Ownership and structure
PepsiCo runs its Indian foods and concentrate business through its own India unit. Bottling, sales and distribution of its beverages across most of the country are franchised to Varun Beverages, which took over the South and West regions in 2019.
What India does for PepsiCo
India is a large consumer market for PepsiCo snacks and beverages such as Lay's, Kurkure and Pepsi, backed by local food and concentrate manufacturing and a franchised bottling network.
Investment and deals
PepsiCo India plans to invest up to Rs 5,700 crore between 2025 and 2030 to expand food manufacturing capacity, mainly through a concentrates plant in Madhya Pradesh, a snacks plant in Assam and snacks expansion in Tamil Nadu.
PepsiCo's India business
In 2019 PepsiCo announced a 70 million dollar investment in a food manufacturing plant in Uttar Pradesh. In May 2026 PepsiCo announced plans to invest Rs 5,700 crore in India by 2030 in manufacturing, supply chain and its product portfolio.
PepsiCo has sold plants and franchise rights in several states to Varun Beverages, which bottles most of its drinks in India.
Key moves in India
- 1989: PepsiCo entered India under the Pepsi Era brand after a project tie up with Punjab Agro Industries Corporation and Voltas.
- 1990: PepsiCo began rolling out its colas in India in June.
- 2013: PepsiCo announced a plan to invest Rs 33,000 crore in India with its partners through 2020.
- 2019: PepsiCo granted Varun Beverages the bottling, sales and distribution franchise for the South and West regions in May.
- 2019: PepsiCo announced a 70 million dollar food manufacturing plant in Uttar Pradesh with Varun Beverages in June.
- 2026: PepsiCo India announced plans to invest up to Rs 5,700 crore in food manufacturing by 2030.
Where it operates
PepsiCo runs its India business from Gurugram.
At a glance
- Home country: United States
- Global headquarters: Purchase
- Sector: Manufacturing & Supply Chains
- Business: Consumer goods
- Role of India: Sales market, Manufacturing base
- India head office: Gurugram
- India offices: Gurugram
- India headcount: Not available
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