# Varun Beverages Limited is PepsiCo’s largest franchise bottler outside the US.

*business · news · 2026-05-22 · Times Now*

## Key points

- PepsiCo has extended its exclusive bottling agreement with Varun Beverages in India by a decade.
- PepsiCo removed a previous clause restricting Varun Beverages from non-PepsiCo business activities.
- The revised agreement enables Varun Beverages to pursue business opportunities beyond PepsiCo operations.
- Varun Beverages' partnership with PepsiCo now extends up to the year 2049.

**Companies:** PepsiCo, Varun Beverages
**Countries:** India

[Read the full story on Times Now](https://www.timesnownews.com/business-economy/markets/varun-beverages-shares-jump-after-pepsico-extends-bottling-agreement-article-154373780)

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