Raj Gandhi
President and Whole-time Director, Varun Beverages Limited
Notable Quotes
We have given the guidance of INR 3,100 crore for this year, and we are on track. Maybe INR 900 crore out of which is yet to be spent.
The other side, we should not, forget, I mean, at so cheap for such a country with five working plants, getting it for INR 1,200 crore, it was a steal.
Our effort is to amortize the money which we have borrowed. The CapEx is done. Now we are going to the next phase.
South Africa is a huge market. Per capita is one of the highest, anything between 170-180 or 200, and matured... PepsiCo is very, very meager. If you see in the industry, the share of Pepsi is as low as 1.8%.