VGL

Varun Beverages Limited (VBL) is a key player in the beverage industry and one of the largest franchisees of PepsiCo globally (outside the USA). The company accounts for 90%+ of PepsiCo’s beverage sales volume in India and has a significant presence across several international markets in Africa and South Asia. VBL’s operations encompass the full spectrum of the beverage value chain, including manufacturing, distribution, and marketing of a diverse portfolio of carbonated soft drinks (CSDs), non-carbonated beverages (NCBs), and packaged drinking water.