Varun Beverages has concluded the acquisition of PepsiCo India's previously franchised territories in the State of Odisha and parts of Madhya Pradesh along with two manufacturing units at Bargarh and Bhopal (Mandideep). The company will now be a franchisee for PepsiCo products across 18 States and 2 Union Territories.
Varun Beverages is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world (outside USA).