PepsiCo India's revenue grew in double digits for nine months ended September 6, 2014 making the country amongst the fastest growing emerging markets for the global beverages and snack giant.
"Our developing and emerging markets business has proven to be resilient with high single-digit organic revenue growth year-to-date, including double-digit growth in Egypt and India," PepsiCo Inc Chairman and CEO Indra Nooyi said in an earnings call. "Even though the political environments are relatively stable, GDP and consumer spending growth remains mixed. Despite this, our businesses performed well in the third quarter and year-to-date," she added.
During the third quarter ended September 6, 2014 PepsiCo's Asia Middle East and Africa region reported 11 per cent growth in organic revenue and net revenue.