Pepsi to take Nimbooz to southern and eastern markets in India

Posted on: Mon, 02 Nov 2009 07:21:00 EST


Symbols: PEP
New Delhi, Aug 13, 2009 (Asia Pulse Data Source via COMTEX) --
PEP | Quote | Chart | News | PowerRating -- Softdrinks major PepsiCo is scaling up the distribution of 'Nimbooz' by entering the South and East Indian markets by the end of this month, making the product available across the country.

"Nimbooz has done extraordinary well, specially in North India because of the heat. Now we are concentrating on scaling up its distribution, taking the product across the country by the end of this month," PepsiCo India Executive Vice President (Flavour) Alpana Titus told PTI on the sidelines of an event.

She said the company has launched the product in South Indian markets, including Tamil Nadu and Karnataka and is planning to roll it out in Kerala and West Bengal this month.

It is already available in the western markets of the country.

"By September, Nimbooz will be available all across the country," she said, but declined to give details of the distribution network or the product's volume growth.

Currently, the company is undertaking product sampling in various locations to scale up its availability.

However, Titus said the company is not looking at introducing any variants of the product.

For full details on Pepsico Inc (PEP) PEP. Pepsico Inc (PEP) has Short Term PowerRatings at TradingMarkets. Details on Pepsico Inc (PEP) Short Term PowerRatings is available at This Link.

UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.