The investment adds a flexible moulding line for KitKat and Aero, while Nestlé faces separate FSSAI adjudication cases involving infant nutrition products in India.
PepsiCo plans to invest Rs 5,700 crore in India by 2030 to expand snacks and beverage manufacturing capacity across Madhya Pradesh, Assam and Tamil Nadu.
Hain Celestial continues its turnaround strategy with major portfolio divestitures, cost discipline and debt reduction as sales decline across North America and international markets.
Busy Ming aims to strengthen its low-cost snack and drink network as it tests investor demand in Hong Kong.
PepsiCo launches major cost-cutting and supply chain review following pressure from activist investor Elliott.