[Reuters - UK Focus] – PepsiCo Inc (NYSE: PEP – news) , the maker of Pepsi-Cola, Frito-Lay snacks and Tropicana juice, plans to invest $5.5 billion in India by 2020 to expand its presence in the country, it said on Monday. PepsiCo’s plans come after rival Coca-Cola Co, the world’s largest drinks maker, said in June last year it would invest a total of $5 billion between 2012 and 2020 to grow its business in Asia’s third-largest economy. PepsiCo and Coca-Cola’s investments, driven by a … [visit site to read more]
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