PepsiCo chief Indra Nooyi meets Commerce Minister Sitharaman

Tags: News
PepsiCo Chairman and CEO Indra Nooyi today met Commerce and Industry Minister Nirmala Sitharaman.

Officials in the Ministry and spokesperson of the company declined to comment on the agenda of the meeting, which is widely seen as a courtesy call.

Nooyi is also expected to meet Prime Minister Narendra Modi and Finance Minister Arun Jaitley during her India visit.

Various global corporate biggies have called on Modi and other ministers of the BJP-led NDA government in the recent past.

These include Mitsubishi Corp's President and CEO Ken Kobayashi, Facebook COO Sheryl Sandberg, Japanese retail giant Uniglo's chairman and CEO Tadashi Yanai and Suzuki Motor Corporation's Chairman and CEO Osamu Suzuki.

PepsiCo has been focusing to enhance its presence in India. Last year the company had announced to invest Rs 33,000 crore in India by 2020 to ramp up operations.

The company, which has so far invested $ 2 billion in India since its entry in 1989, plans to strengthen its capability in various strategic areas including innovation, manufacturing, infrastructure and agriculture.

India has been one of the top five markets of PepsiCo and it has eight brands which clock turnover of over Rs 1,000 crore in the market.

The company has 42 plants across India and apart from cold drinks like Pepsi, 7UP, Mirinda and Mountain Dew, it sells snacks under Lehar, Uncle Chipps and Kurkure brands, among others.

EDITORIAL OF THE DAY

  • The Muslim Personal Law Application Act needs an overhaul

    Triple talaq or khola as means to divorce or dissolve one’s marriage in the Muslim community is unacceptable, as the Allahabad High Court judgment s

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

<b>Disequilibrium:</b> THE GREAT GAMBLE

Finance it is said is merely a gun, politics is ...

Ananda Majumdar

<b>Ruminations:</b> BJP looks beyond muscular strategy

Gradually a new strategy for political management has been established ...

BK Chaturvedi

Committed, yet miles to go

Swachh Bharat is a mission to which everyone is committed. ...