date:Apr 07, 2014
Varun Beverages, an India-based PepsiCo bottler, has outlined plans to invest around $300m over the next one year, in a move to expand its business.
Of the total investment, around $85m will be secured from World Bank Group member International Finance and other investors.
As part of the expansion, the company is planning to invest in its existing Pepsi bottling and distribution franchise business across India, Nepal, Sri Lanka, Morocco, Zambia and Mozambique as well as purchasing companies.