India a leading market for PepsiCo : Nooyi

November 9th, 2009 - 7:23 pm ICT by ANI  

New Delhi, Nov 9 (ANI): Indra Nooyi, the Chairman and Chief Executive of PepsiCo today said that India is among the top three markets for the company.

PepsiCo has grown by over 50 percent in the third quarter (Q3) of calendar year 2009, with net income rising to $ 1.72 billion, said Nooyi after holding discussions with Indian Trade Minister Anand Sharma earlier in the day.

India will continue to be a top market for PepsiCo in the long run, she added.

“India is in the top two-three markets for every company in the world because India is a young country, India is a growing country, India is a well managed country. So for PepsiCo, it is one of the top three markets, top three growth markets. And we intend to be here for a long time. Most importantly we just cross a billion sales in India and we are very proud of our business here,” said Indra Nooyi, the CEO of PepsiCo.

PepsiCo has posted 35 percent growth in the last quarter.

Nooyi is in India to attend the ongoing India Economic Summit in New Delhi. (ANI)

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