PepsiCo India has announced plans to invest ₹5,700 crore to increase its manufacturing capacity until 2030, as reported by Business Standard and ETBrandEquity. According to Jagrut Kotecha, chief executive officer of PepsiCo India & South Asia, these investments will focus on the company's concentrate plant in Madhya Pradesh, northeast plant in Assam, and land purchases in Tamil Nadu. The Tamil Nadu expansion will establish one of PepsiCo's footprints in the south for its snacks business, marking a significant regional expansion strategy. Most of these investments will go into the snacks business, centred on three manufacturing facilities in Madhya Pradesh, Assam and Tamil Nadu, as confirmed by Kotecha. Some of these investments are already going live in the next few months, including the concentrates plant in Madhya Pradesh and northeast plant in Assam, as confirmed by Kotecha.
In 2025, PepsiCo India's total revenue stood at ₹9,798 crore, representing an 8% increase compared to the previous year, as reported by Business Standard and ETBrandEquity. The company's profit after tax reached ₹905 crore, driven by strong growth in its foods portfolio. Savitha Balachandran, chief financial officer, explained that the food segment revenues grew approximately 11%, showing robust and broad-based growth across the portfolio. The beverages business faced some pressures due to weather-related softness and increased market competition, although the overall business performance remained strong. According to ETBrandEquity, the company has entered 2026 on strong momentum with the balance sheet looking extremely healthy, maintaining over ₹1,600 crore of cash on books which will enable continued investing in the India market.
According to Kotecha, PepsiCo India has achieved double-digit growth for the second consecutive year and is now part of the top 13 markets for PepsiCo globally. As reported by Business Standard and ETBrandEquity, the company has been evolving its capabilities over the last two years, becoming sharper and more granular through innovations like Jowar Puffs under the Kurkure brand, which proved popular in specific geographies. In beverages, the company has focused on hydration and energy segments, accelerating its portfolio with Nimbooz and launching AdRush for premium energy drinks. Despite facing headwinds from weather conditions and increased competition intensity, both segments performed strongly throughout 2025. The India unit is among the New York-based company's 13 anchor markets globally and was a key growth contributor in the March quarter, with convenient foods business growing 6% led by India and other Asian markets.
Kotecha highlighted that the company has been pivoting over the last two years, investing across channels as all platforms are growing simultaneously. According to Business Standard and ETBrandEquity, he emphasized that consumer behavior is moving across platforms, with quick commerce and e-commerce showing significant growth. While the beverage segment faced headwinds due to weather conditions and increased competition intensity, the company maintained its revenue profile through strategic price-pack actions and interventions. Both snacks and beverages are witnessing intense competition, particularly in lower-priced packs starting at ₹10, from newer players such as Reliance Consumer Products' Campa and Archian Foods-owned Lahori Zeera. Resurgent regional and digital-first brands are also intensifying competition in the snacks category. The company's commitment to India is driven by the country's growing income levels and stable economic environment, which allows investments to come in and provides huge opportunities for growth, despite economic volatility and supply disruptions linked to the ongoing West Asia conflict.
