PepsiCo products safest: Nooyi
Food and beverages major PepsiCo's CEO Indra Nooyi today said the company's products were safest of any of the products available in the food chain business.
Responding to a query on pesticide levels in Pepsi's products, Chennai-born Nooyi said, "the levels in our products are even lower than what has been prescribed as the allowable limit by the European Union for baby food products."
She said the company plans to triple its beverage business in India in the next five years.
"There are huge opportunities in the beverages segment. We are looking at expanding our portfolio of drinks, that will cater to people of all ages," she said.
The company plans to launch a slew of products in the segment next year and also products to cater to hydration and overweight segments.
She said globally non-carbonated soft drinks were growing significantly than the carbonated segment for the company.
Nooyi also said the commodity prices inflation was a major challenge for Pepsi. "Worldwide, grain prices have gone up. We have got to ensure as a company that uses grains that we manage through this commodity inflation," she said.
She said the company wanted to replicate its citrus cultivation in Punjab in other states, which would not only make oranges available throughout the year but also will help India reduce citrus fruits imports.
The company has a nursery in Punjab with about six lakh citrus saplings to cater to the company.
Pepsi also wanted to extend this concept to other product lines like corn. "This adds value to our products and also adds value to the farmers," she said.
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