$500 million investment will be made by Pepsico in India
Recently PepsiCo has found India to be a very good market for their business in near future. It is planning a USD 500 million investment over the next three years.
Indra Nooyi, Chairperson and CEO, PepsiCo said, “As a tangible sign of our continued confidence in India, I’m delighted to announce that we are expecting to invest a further USD500 million over the next three yrs with the goal of tripling our business here. This investment will create additional 50000 jobs.â€
“The problems on Wall Street have not yet trickled over to the Main Street, which is where we are. Our business continues to be robust. We generate a lot of cash. We are financially very healthy. I don’t believe problems on Wall Street will affect companies like ours,†Nooyi said.
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
Comments
No comments yet.
Leave a comment