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PepsiCo clocks double-digit volume growth in Indian beverages market in June quarter
PepsiCo reported a robust double-digit growth in beverage volume in India for the second quarter of 2024, contributing to a 2% rise in the Africa, Middle East, and South Asia (AMESA) region. The company's convenient foods unit also saw significant growth in India. However, these gains were partially offset by declines in other AMESA markets like Pakistan, the Middle East, and Nigeria. PepsiCo's overall net sales increased marginally to USD 22.5 billion, with a net income of USD 3.08 billion.
PepsiCo reported a robust double-digit growth in beverage volume in India for the second quarter of 2024, contributing to a 2% rise in the Africa, Middle East, and South Asia (AMESA) region. The company's convenient foods unit also saw significant growth in India. However, these gains were partially offset by declines in other AMESA markets like Pakistan, the Middle East, and Nigeria. PepsiCo's overall net sales increased marginally to USD 22.5 billion, with a net income of USD 3.08 billion.
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