business / news / / The Economic Times
Varun Beverages Ltd. has extended its exclusive bottling and trademark license agreement with PepsiCo Inc. in India until April 30, 2049.
Varun Beverages' exclusive PepsiCo bottling agreement in India is extended to April 30, 2049.
KEY POINTS
- The revised agreement allows Varun Beverages to undertake businesses outside of PepsiCo operations.
- A previous restriction requiring Varun Beverages to act only for PepsiCo is now removed.
- Varun Beverages holds PepsiCo franchise rights in 27 Indian states and multiple African countries.
COMPANIES
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