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Varun Beverages

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Varun Beverages Limited
Company typePublic company
NSEVBL
BSE540180
IndustryBeverage
Founded1995
Headquarters,
Area served
Global
Key people
Ravi Jaipuria (Founder-Chairman)
ParentRJ Corp[1]
Websitevarunpepsi.com

Varun Beverages Limited is an Indian company that manufactures, bottles and distributes beverages. It is the second largest bottling company of PepsiCo's beverages in the world outside the United States.[2][3] The company was incorporated in 1995 as a subsidiary of RJ Corp, and named after founder Ravi Jaipuria's son.[4]

Apart from carbonated soft drinks of PepsiCo such as Pepsi, 7 Up, Mountain Dew and Mirinda, the company distributes Tropicana fruit juice brands, Gatorade sports-themed beverages, Quaker Oats' milk-based drinks and Aquafina brand of bottled water.[5][6] As of 2019, Varun Beverages is PepsiCo bottler in 27 states and seven union territories of India.[7] The company also distributes its products in Nepal, Sri Lanka, Morocco, Mozambique, Zambia and Zimbabwe.[8][9][10]

See also

References

  1. ^ "Varun Beverages on verge of bagging more territories from PepsiCo in India". Business Standard. Retrieved 22 May 2020.
  2. ^ "India's per-capita soft drink consumption to be almost double to 84 bottles a year by 2021: VBL". Economic Times. Retrieved 22 May 2020.
  3. ^ "Varun Beverages raises stake in Zambia subsidiary". Livemint. Retrieved 22 May 2020.
  4. ^ "Pepsi Bottler Ravi Jaipuria Is Newest Indian Billionaire". Forbes. Retrieved 22 May 2020.
  5. ^ "Outlier: A quick view of Varun Beverages". Moneycontrol. Retrieved 22 May 2020.
  6. ^ "Varun Beverages: Beneficiary of inorganic growth, but how long can it sustain?". Moneycontrol. Retrieved 22 May 2020.
  7. ^ "Varun Beverages to bottle all the Pepsi that India drinks". Economic Times. Retrieved 22 May 2020.
  8. ^ "Varun Beverages Company History". Business Standard. Retrieved 22 May 2020.
  9. ^ "Varun Beverages, promoted by PepsiCo bottler RJ Corp, files for IPO". Economic Times. Retrieved 22 May 2020.
  10. ^ "Why Varun Beverages, One Of Pepsico's Largest Bottlers, Is Going Public". Bloomberg Quint. Retrieved 22 May 2020.