INDIA: Hindustan Foods strikes manufacturing deal with PepsiCo
By Katy Askew | 25 February 2013
Indian food maker Hindustan Foods Ltd has reached a manufacturing and supply agreement with PepsoCo.
In a filing with the Bombay Stock Exchange, Hindustan said it would manufacture "on a monthly basis" kurkure extruded snack products, to be sold under the PepsiCo brand.
The company said these products - as well as other potential products in the future - will be manufactured at the firm's manufacturing facility in Usgai, Ponda, Goa.
The supply contract runs until end-June 2014, Hindustan added.
Sectors: Emerging markets, Snacks
Companies: PepsiCo
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