PepsiCo India Region: Leadership through Performance with Purpose
PepsiCo entered India in 1989 and in a short period, has grown into one of the largest food and beverage businesses in the country. This means that while businesses maximize shareholder value, they have a responsibility to all the stakeholders, including the communities in which they operate, the consumers they serve and the environment whose resources they use. Large investor and one of the largest food & beverage businesses in India: One of the largest US multinational investors in the country, PepsiCo has been consistently investing in India and has built an expansive beverage and snack food business supported by 38 beverage plants and 3 food plants. PepsiCo and its partners recently announced an additional targeted investment of Rs. 33,000 Crore in India by 2020 in the areas of product innovation, increasing manufacturing capacity, ramping up market infrastructure, strengthening supply chain and expanding company’s agriculture programme. PepsiCo India’s diverse portfolio includes iconic brands like Pepsi, Lay’s, Kurkure, Tropicana, Gatorade and Quaker. In two decades, the company has been able to organically grow eight brands that generate Rs. 1000 crores or more in estimated annual retails sales and are household names, trusted across the country. A growing portfolio of enjoyable and wholesome snacks and beverages: PepsiCo India’s portfolio reflects its commitment to nourish consumers with a diverse range of fun and healthier products. The portfolio includes several healthier treats like Quaker Oats, Tropicana juices, Tropicana fruit powders, rehydrator Gatorade, Tata Water plus, Lay’s baked range, Quaker flavoured oats and Quaker Nutri Upma & Nutri Poha breakfast range with the power of wholegrain. Model partnership with over 24,000 farmers: PepsiCo India has pioneered and established a model of partnership with farmers and now works with over 24,000 happy farmers across nine states. More than 45 percent of these are small and marginal farmers with a land holding of one acre or less. PepsiCo provides 360-degree support to the farmer through assured buy back of their produce at pre-agreed prices, quality seeds, extension services, disease control packages, bank loans, weather insurance, and the latest technological practices. The association with PepsiCo India has not only raised the incomes of small and marginal farmers, but also their social standing. Global leader in water conservation: In 2009, PepsiCo India achieved a significant milestone, by becoming the first business to achieve ‘Positive Water Balance’ in the beverage world, and has been Water Positive since then. This fact has been independently assured by Deloitte Touché Tohmatsu India Pvt. In 2012, PepsiCo India saved 8.2 billion litres more that it consumed in its manufacturing operations. The company made this possible through innovative irrigation practices like direct seeding, community water recharging initiatives, and by reducing the consumption of water in its manufacturing facilities. PepsiCo is lauded for its efforts for water conservation and has received numerous awards such as CII National award for water management, Water Digest award for water practices and Golden Peacock award for water conservation amongst others. Care for the environment: PepsiCo India is now focused on reducing its carbon footprint. More than 40 per cent of its energy is today generated from renewable sources such as bio mass & rice husk boilers and wind turbines. Initiatives such as reduction in use of chemicals, eco-friendly packaging initiatives and efficient waste management help reduce load on the environment. PepsiCo in partnership with the NGO Exnora and local municipalities has also been working on a unique waste collection and treatment program called ‘Waste-to-Wealth’. The award winning programme has positively impacted more than 5,00,000 people. Exemplary employment practices: PepsiCo India provides direct and indirect employment to almost 2,00,000 people. The company believes in providing employment and growth opportunities to local talent. Its ‘College of Leadership’, ensures early identification of talent, and employees’ focused development through critical experiences. PepsiCo firmly believes that encouraging diversity means encouraging policies and systems that respect people’s special needs. Not only does PepsiCo have a vibrant and diverse workforce, it takes the utmost care to make dynamic business leaders of its employees and foster their career and personal growth through differentiated experiences and a robust leadership development model. External Awards received by PepsiCo India in 2013
· Doc T.S.R. Murali, Head R&D, was awarded a Gold Medal by Secretary, Ministry of Food Processing, Government of India for his outstanding contribution in supporting R&D, Innovation and growth of Food Processing Sector in India.
· Satharia plant was awarded LEED (Leadership in Energy and Environmental Design) Gold Green Certification by Indian Green Building Council.
· India Region Finance and BIS team won UK’s Adam Smith award in collaboration with Citibank for Best practices and innovation under the section Asia Pacific Regional Award for Best Practices in the “Highly Commended’ category.
· PepsiCo India won the award for “Excellence in Developing the Leaders of Tomorrow” at the second edition of the SHRM (Society for Human Resource Management) India HR Awards.
· PepsiCo India’s Sangareddy Plant was recognized by CII with “Commendation Certificate for Strong Commitment to Excel in Food Safety” in the category of “Large Manufacturing Food Businesses – Beverages.
· PepsiCo India’s Sathariya, plant won the CII Award for Outstanding Performance in Food Safety Excellence in the Category of ‘Rising Star; Large Manufacturing Food Businesses – Beverages.’
