PepsiCo’s India beverage sales jump in 2023, snacking slips

Packaged foods and beverages company PepsiCo said its India business unit reported a low-single-digit decline in snacking volumes in 2023, while beverage volumes grew in double digits. Overall, the India unit delivered mid-single-digit organic revenue growth during the year, the company said. “For the full year, developing and emerging markets such as Mexico, Brazil, Egypt, …

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