PepsiCo India, on Tuesday, said it is committed to make investments of about ₹5,700 crore till 2030 with a focus on ramping up manufacturing footprint in the country. The company said it recorded total revenue of ₹9,798 crore in CY25, up 8.3 per cent over CY24, while net profit stood at ₹905 crore, up 4.5 per cent. The revenue growth was aided by about 11 per cent growth in the foods business, while it said that the beverage business held revenues despite a subdued summer season in 2025. India is among the top 13 markets for the global snacks and beverage major.
Jagrut Kotecha, CEO, PepsiCo – India & South Asia, said, “India is a massive growth opportunity with low per capita consumption in both snacks and beverages. We are committed to invest ₹5,700 crore between 2025 and 2030. We are making investments in our concentrate plant in Madhya Pradesh and North-East plant in Assam. We have also done a land purchase in Tamil Nadu recently, which will allow us to have a strong footprint in southern region for our snacks business.”
West Asia crisis
On challenges arising from the West Asia conflict, Kotecha said, “There are headwinds and volatility is pretty high. Over the past two years, we have invested in building muscle in terms of cost optimisation, price pack architecture, channel management, manufacturing and digital capabilities. That allows us to manage the volatility by leveraging all the levers and not just pricing or cost cutting.“ He added that the company is seeing inflationary pressures due to raw material cost spike. “We are evaluating the costs and so far we are holding prices, but again we will have to see how this is going quarter by quarter,” he said.
On the consumption outlook, he said, “So far, the demand signals are good. Of course, there are realities such as the high crude oil prices globally. As a country, we have managed to navigate through that so far. Will there be some pressures going forward? Yes, the degree of which will depend on how things evolve.”
He pointed out that the company saw strong double-digit topline growth in 2025 barring a one-time expense due to the implementation of new Labour Codes. Food business growth was aided by new innovations, while the beverage business remained competitive through price-pack architecture actions. “Last Summer, the beverage industry was subdued; but so far this year, it is looking good and supportive, as we have also made interventions in terms of brand and portfolio.” Nearly 50 per cent of the beverage portfolio now consists of low and zero sugar products.
Stating that the company products sold in India are made in India, he added that even a large part of the raw materials, except palm oil, is sourced from India. “ Even on the manufacturing side, we have invested significantly at the back-end on biomass as substitute fuel,” he noted.