PepsiCo's Organic Revenue Growth Boosted by Indian Market Performance
PepsiCo revealed that its international organic revenue climbed by 7% in the second quarter of the calendar year 2026, with significant contributions from the Indian market. According to the company's recent earnings release, India demonstrated robust volume growth in both snacks and beverages, bolstering the overall international business.
The company acknowledged that the growth in organic revenue for its international food segment was widespread, with notable performances in markets such as Mexico, Colombia, Argentina, and India, among others. The international beverage segment also saw growth, supported by markets including the UK, Brazil, Egypt, and India.
PepsiCo's management highlighted that, year to date, the company has either maintained or expanded its market share in savory snacks across several countries, including China, Brazil, and India. Similar trends were observed in the beverage market segment in regions like the UK, Philippines, Germany, and India.
Specifically, the Asia Pacific Foods unit experienced a 10% increase in unit volume during the second quarter, with India being a primary driver of this growth. The International Beverages Franchise segment also reported a 5% increase in unit volume, reflecting broad-based improvements led by India.
Ramon Laguarta, Chairman and CEO of PepsiCo, stated that the global organic volume has risen at the fastest rate since 2022, driven by the strength of the international business and the continuous evolution of the product portfolio.
Looking ahead, PepsiCo has committed to investing ₹5,700 crore in India from 2025 to 2030. This investment includes new food manufacturing facilities in Assam and Tamil Nadu, and a recently commissioned ₹1,266 crore flavor manufacturing plant in Ujjain. Additionally, PepsiCo is emphasizing ingredient transparency in its product labels, ensuring that items in its food portfolio are clearly marked as free from artificial colors and flavors.

