Monday, December 03, 2012

Now for some ‘Healthistaan’

Pepsi’s new initiative in rural markets faces a branding challenge

Phew! For a change, this is a refreshingly different story. At a time when companies are actually turning enemies of scale, PepsiCo India is actually continuing its untethered initiatives to achieve it in India. Claiming that the FMCG sector remains barely moved by the global slowdown otherwise troubling various industrial sectors of the world, Indra Nooyi, Global Chairman & CEO recently spoke with B&E to inform, “Irrespective of the recession, our sectoral volume growth has been not affected.”

Nooyi has just propagated the ‘Power of one’ strategy globally, and restructuring in India is on track with respect to this strategic direction. PepsiCo India and Frito-Lay will now come under Sanjeev Chadha as one entity and exploit mutual synergies. The company has earmarked another $500 million for expansion in India, hoping to triple its business in the Indian market. It’s a different matter that the company has also announced investments of $3 billion in Mexico and $1 billion in China recently!


Source : IIPM Editorial, 2012.An Initiative of IIPMMalay Chaudhuri

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