business / news / / Times Now
Varun Beverages Limited is PepsiCo’s largest franchise bottler outside the US.
PepsiCo has extended its exclusive bottling agreement with Varun Beverages in India by a decade.
KEY POINTS
- 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.
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