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Tuesday, October 6, 2009

India -- Top Market for Pepsi

Indra Nooyi, the CEO of PepsiCo announced that India stands among the top three growth markets for PepsiCo and she believes that India will top the market, in the long run.Reports from the third quarter (Q3) for the year 2009 shows that, PepsiCo has grown by over 50 percent, with net income rising to $ 1.72 billion, says Nooyi after holding discussions with Indian Trade Minister Anand Sharma.According to the last quarter report, PepsiCo has registered 35 percent growth.India is in the top two-three markets for every company in the world because India is a young country, India is a growing country, India is a well managed country. So for PepsiCo, it is one of the top three markets, top three growth markets and most importantly they just cross a billion sales in India.

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