Momentum in Myanmar
A key component of PepsiCo’s growth strategy is to aggressively invest in emerging and developing markets where economic growth and rising consumer incomes are increasing demand for convenient food and beverages. These markets have become a growing revenue source for the company. In 2012, emerging and developing markets accounted for 35 percent of PepsiCo’s net revenue, up from 24 percent in 2006. One such market is Myanmar, where this week Chairman and CEO Indra Nooyi kicked off a trip to PepsiCo’s Asia-Pacific region with a visit to the capital of Myanmar to co-chair the World Economic Forum on East Asia 2013. Myanmar is “a story that is just beginning to unfold,” said Indra. “Political reform is happening here and as economic reform starts to happen here in Myanmar, I think this is going to be an unbelievable growth story for many years to come.” In Myanmar, PepsiCo signed... Read more














































