PepsiCo clocks high single-digit growth in India in Oct-Dec quarter ...Middle East

Economy by : (Business Standard) -
Global food and beverages major PepsiCo said it has clocked a high single-digit growth in the Indian market in the October-December quarter. However, the growth in the Indian market was slower than some emerging markets like Brazil, where it reported double-digit growth. "Our fourth quarter international growth featured double-digit organic revenue growth in Brazil, high-single-digit growth in China, India, Australia and Germany, and mid-single-digit growth in the UK and Russia," PepsiCo Chairman and CEO Ramon Laguarta said in an earnings call. The company has gained market share in the beverage segment in India during the quarter. "Our business momentum helped us gain savory share in many o

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