What have been the growth rates and market share gains over the summer for Pepsi?
We’ve seen significant growth rates; we don’t give our numbers out, but taking the industry as a whole we think we’ve done better than others. Having a long summer has helped but it’s also rained early in a lot of places; in the North the summer wasn’t as long as we would have liked it to be … we’re schizophrenic in this world, when it’s raining and others are happy, we aren’t! PepsiCo’s President Indra Nooyi on her recent trip to India was talking about how in the US consumers were looking more at non-calorific foods; does Pepsi have that kind of an offering here? We have a healthy portfolio already. Growth rates for juices are at least twice or thrice that of carbonated soft drinks, but on very small bases, so it’s unfair to compare; it’s not a level playing field. There’s a huge opportunity there. The way I see it for us, it is share of throat that we aim for; anything that slips down your throat should be mine. (Laughs) Whether it’s soft drink or water or juice does not matter. I
