Govt allows Pepsico to inject $200 mn additional equity
The government on Saturday allowed Pepsico Holdings Pvt Ltd to inject additional equity of USD 200 (around Rs 930 crore) million into its Indian arm within three years.
By PTI |
NEW DELHI: The government on Saturday allowed Pepsico Holdings Pvt Ltd to inject additional equity of USD 200 (around Rs 930 crore) million into its Indian arm within three years.
The investment would take Pepsico's total FDI into the country to $655 million.
The approval was given by the Cabinet Committee on Economic Affairs at its meeting here today.
The investment would take Pepsico's total FDI into the country to $655 million.
The approval was given by the Cabinet Committee on Economic Affairs at its meeting here today.
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