PepsiCo commits Rs 5,700 cr to India through 2030, anchored on snacks capacity

PepsiCo India will deploy Rs 5,700 crore by 2030, largely toward snacks manufacturing for Lay's and Kurkure, after FY revenue rose 8% to Rs 9,798 crore and profit climbed 4.5% to Rs 905 crore. Foods grew 11% while beverages lagged on weak weather and competitive pressure; R&D spend rose 15%.

— Source publishedWed, 20 May, 2026, 05:37 IST·First seen Wed, 20 May, 2026, 05:51 IST·Source Times of India · Business

What happened

PepsiCo India · PepsiCo plans Rs 5,700 crore India expansion by 2030 after FY revenue rose 8% to Rs 9,798 crore. Capex will largely fund snacks manufacturing

Key facts

  • Rs 5,700 crore
  • Rs 9,798 crore revenue
  • 8% YoY revenue growth
  • Rs 905 crore profit
  • 4.5% profit growth
  • 11% foods growth
  • 15% R&D increase

Why this matters

The 15% R&D bump alongside snacks capex hints at adjacent flavor and regional-snack M&A, opening windows for founders in ethnic snacks and better-for-you formats.