PepsiCo CEO Indra Nooyi said the cola company would invest $500 million in India over the next three years to triple its business in the country.
In our opinion, many of the products PepsiCo sells like soda (carbonated cola drinks)Â and snacks are just not healthy for the people consuming them.
Further, cola companies have also been held responsible by studies for the depletion of precious ground water in India.
PepsiCo’s $500 million investment in India comes as consumers in developed countries have become wiser to the harmful effects of carbonated cola drinks and are turning to healthier alternatives.
PepsiCo claims to have invested $700 million in India since 1989.