Varun Beverages
| Company type | Public company |
|---|---|
| NSE: VBL BSE: 540180 | |
| Industry | Beverage |
| Founded | 1995 |
| Headquarters | , |
Area served | Global |
Key people | Ravi Jaipuria (Founder-Chairman) |
| Parent | RJ Corp[1] |
| Website | varunpepsi.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
- ^ "Varun Beverages on verge of bagging more territories from PepsiCo in India". Business Standard. Retrieved 22 May 2020.
- ^ "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.
- ^ "Varun Beverages raises stake in Zambia subsidiary". Livemint. Retrieved 22 May 2020.
- ^ "Pepsi Bottler Ravi Jaipuria Is Newest Indian Billionaire". Forbes. Retrieved 22 May 2020.
- ^ "Outlier: A quick view of Varun Beverages". Moneycontrol. Retrieved 22 May 2020.
- ^ "Varun Beverages: Beneficiary of inorganic growth, but how long can it sustain?". Moneycontrol. Retrieved 22 May 2020.
- ^ "Varun Beverages to bottle all the Pepsi that India drinks". Economic Times. Retrieved 22 May 2020.
- ^ "Varun Beverages Company History". Business Standard. Retrieved 22 May 2020.
- ^ "Varun Beverages, promoted by PepsiCo bottler RJ Corp, files for IPO". Economic Times. Retrieved 22 May 2020.
- ^ "Why Varun Beverages, One Of Pepsico's Largest Bottlers, Is Going Public". Bloomberg Quint. Retrieved 22 May 2020.