Executives believe these additions will help the company expand its footprint without alienating long-time customers who still crave familiar flavors, such as Doritos and Cheetos.
PepsiCo has begun local production of its popular nacho chip brand, Doritos, at its manufacturing facility in Kolkata, India.
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.