PepsiCo India’s food business led revenue growth in 2024, contributing 75% of the company’s consolidated topline.
The partnership will bring each participating brand to life by fusing PepsiCo’s enthusiasm for producing world-class fan experiences with the high-energy excitement of Formula 1.
PepsiCo has also expanded its focus on regenerative agriculture and modified particular goals on emissions and packaging.
With a production capacity of up to 16,000 tonnes of goods annually, including Lay’s snacks, the facility was initially scheduled to open in 2026 and increase to 21,000 tonnes in 2027.
Although the product has been officially launched now, it has been available in select stores across South Africa for the past two months.