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PepsiCo Chairman and CEO Indra Nooyi today met Commerce and Industry Minister Nirmala Sitharaman.
Officials in the Ministry and spokesperson of the company declined to comment on the agenda of the meeting, which is widely seen as a courtesy call.
Nooyi is also expected to meet Prime Minister Narendra Modi and Finance Minister Arun Jaitley during her India visit.
Various global corporate biggies have called on Modi and other ministers of the BJP-led NDA Government in the recent past.
These include Mitsubishi Corp’s President and CEO Ken Kobayashi, Facebook COO Sheryl Sandberg, Japanese retail giant Uniglo’s chairman and CEO Tadashi Yanai and Suzuki Motor Corporation’s Chairman and CEO Osamu Suzuki.
Pepsi plans PepsiCo has been focusing to enhance its presence in India. Last year the company had announced investments worth Rs ₹33,000 crore in India by 2020 to ramp up operations.
The company, which has so far invested $2 billion in India since its entry in 1989, plans to strengthen its capability in various strategic areas including innovation, manufacturing, infrastructure and agriculture.
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