During the third quarter ended September 6, 2014 PepsiCo's Asia Middle East and Africa (AMEA) region reported 11 percent growth in organic revenue and net revenue. It was driven by 11 percent volume growth in snacks and 3 percent volume growth in beverages.
Globally, PepsiCo reported organic revenue growth of 3.1 percent and net revenue growth of 2 percent in the third quarter. PepsiCo has termed India as "high priority market". In November 2013, PepsiCo said it will invest Rs 33,000 crore in India by 2020 to ramp up operations. The company said the investment will be utilised to strengthen its capability in various strategic areas, including innovation, manufacturing, infrastructure and agriculture. Each of PepsiCo's eight brands (Pepsi, 7UP, Mirinda, Slice, Mountain Dew, Aquafina, Lay's & Kurkure) generate 1,000 crore or more in estimated annual retail sales. The company has 42 plants across India and apart from cold drinks like Pepsi, 7UP, Mirinda and Mountain Dew, it sells snacks under brands such as Lehar, Uncle Chipps and Kurkure.