Varun Beverages' international fizz outpaces India biz as overseas volumes surge 38%
· economictimes.indiatimes.com
VBL's international volumes grew significantly, nearly tripling India's pace during the June quarter. Acquisitions like Twizza bolstered overseas performance and manufacturing capabilities in South Africa. The company also plans to acquire Devyani Food Industries in Kenya for East African expansion. VBL extended its PepsiCo bottling agreement and entered a franchise deal for CALPIS. India continued its healthy double-digit growth, supported by infrastructure investments.
Synopsis
VBL's international volumes grew significantly, nearly tripling India's pace during the June quarter. Acquisitions like Twizza bolstered overseas perf...