Varun Beverages Ltd 2017 AR2
The report highlights Varun Beverages Limited's performance during the fiscal year 2017, during which the company expanded its franchise rights for PepsiCo products to cover 21 States and 2 Union Territories in India, representing approximately 51% of PepsiCo's beverage sales volume in the country. The company successfully concluded the acquisition of PepsiCo India's previously franchised territories in Odisha, parts of Madhya Pradesh, and Jharkhand, and increased its stake in its Zambia subsidiary to 90%. Additionally, Varun Beverages launched new products including Pepsi Black and Sting, and entered into a strategic partnership to distribute the larger Tropicana portfolio, Gatorade, and Quaker Value-Added Dairy.
Company: Varun Beverages Ltd
Sector: Manufacturing
Country: India
Year: 2017
Type: AR2
Pages: 296
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Varun Beverages Ltd
Annual Report
The report highlights Varun Beverages Limited's performance during the fiscal year 2017, during which the company expanded its franchise rights for PepsiCo products to cover 21 States and 2 Union Territories in India, representing approximately 51% of PepsiCo's beverage sales volume in the country. The company successfully concluded the acquisition of PepsiCo India's previously franchised territories in Odisha, parts of Madhya Pradesh, and Jharkhand, and increased its stake in its Zambia subsidiary to 90%. Additionally, Varun Beverages launched new products including Pepsi Black and Sting, and entered into a strategic partnership to distribute the larger Tropicana portfolio, Gatorade, and Quaker Value-Added Dairy.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees