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PepsiCo expects consistency of policies on issues such as intellectual property rights and patents from the next Government, said D. Shivakumar, Chairman and CEO of PepsiCo India.
Speaking on the sidelines of the 22nd Annual General Meeting of the American Chamber of Commerce in India here on Friday, Shivakumar said “I think India is always a very attractive market. The challenge for anybody is to make it consistently attractive as opposed to volatile attractive.”
Asked what the new Government’s agenda for the first 100 days should be, he said India needed to create 12-15 million jobs a year and all stakeholders — Government, business and society — need to focus on that.
The beverage major had recently announced an investment of about $6 billion in the country. “PepsiCo is deeply committed to India. We believe India and the middle class of India will come to the fore this decade,” Shivakumar added.
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