India has emerged as one of PepsiCo’s strongest growth markets, with the global food and beverage giant highlighting the country’s contribution to its second-quarter performance as demand for snacks and beverages remained resilient across key consumer segments.
According to The Economic Times Hospitality and PepsiCo’s official second-quarter earnings release, India delivered strong momentum across both the beverage and convenient foods businesses, helping offset softer demand in several developed markets.
Speaking during the company’s earnings announcement, Chairman and CEO Ramon Laguarta said PepsiCo continues to see robust performance in international markets, with India standing out as one of the company’s fastest-growing businesses.
PepsiCo reported net revenue of US$22.73 billion for the second quarter, while organic revenue grew 2% year-over-year. The company also reported core constant currency EPS growth of 6%, supported by continued investment in brands, productivity initiatives and international expansion.
Laguarta noted that while consumer demand remained uneven across some mature markets, the company’s geographically diversified portfolio continued to deliver resilience. India was specifically highlighted alongside markets in Latin America and parts of Asia as a major contributor to growth.
The performance reinforces India’s growing strategic importance within PepsiCo’s global portfolio.
Over the past decade, the company has significantly expanded manufacturing capacity, agricultural sourcing programs and distribution infrastructure across the country. PepsiCo India markets globally recognized brands including Pepsi, Mountain Dew, 7UP, Lay’s, Kurkure, Doritos and Quaker, serving both retail and foodservice channels.
For the restaurant industry, the company’s results carry significance beyond financial performance.
Global beverage manufacturers remain critical partners for restaurants, cafés, hotels and quick-service chains through fountain beverage programmes, distribution networks, promotional partnerships and supply agreements. Continued investment by beverage companies supports product availability, cold-chain infrastructure and category innovation that directly benefits foodservice operators.
