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Industry News: Sanjay Singal Joins Wagh Bakri Tea Group as CEO In a significant move within the FMCG sector, Sanjay Singal, former ITC COO, has been appointed as the CEO of Wagh Bakri Tea Company. Sanjay, who has had a stellar career at ITC, is expected to bring his wealth of experience and strategic insight to one of India's leading tea brands. Much like the essential combination of tea and milk, which together create the perfect cup, this new partnership is anticipated to drive Wagh Bakri's growth and innovation in the competitive tea market. Sanjay's expertise in managing large-scale operations and his deep understanding of consumer needs will be instrumental in steering Wagh Bakri towards new heights. As Wagh Bakri continues to strengthen its position as a household name in India and expand its global footprint, Sanjay Singal's leadership will be pivotal in shaping the company's future. #FMCGNews #LeadershipChange #TeaIndustry #WaghBakri #SanjaySingal #IndustryUpdates

Varun Jaipuria - The Man Behind PepsiCo’s Success Against Coke’s Onslaught Since Varun Jaipuria assumed leadership of the India territory (in early-2022), which contributes approximately 80% to Varun Beverages Ltd.’s (VBL) top line, the company’s market capitalisation has jumped nearly fourfold to Rs 1.82 lakh crore. VBL - the largest bottler of non-alcoholic beverages in the country - today bottles and markets PepsiCo’s colas and juices in over 90% of India’s geography. Between 2021 and 2023, the company's top line surged at 35% CAGR, soaring from Rs 8,958 crore to Rs 16,321 crore. Under Jaipuria's direct leadership as CEO of VBL’s India and South Asia operations, revenues from the region nearly doubled in just two years, from Rs 6,596 crore in 2021 to Rs 12,633 crore in 2023. And despite widespread inflation woes among FMCG peers, he also managed to improve its margins - from 7.42% in 2019, standalone net profit margin has jumped to 14.05% in 2023. Watch: https://lnkd.in/gTUXFkgV | Varun Jaipuria| Arnab Dutta #VarunJaipuria #pepsico #beverageindustry #marketingstrategy #businessnewslive

I got the privilege to visit Euro India Fresh Foods Ltd and have direct interaction with the chairman himself Mr. Manharbhai Jivanbhai Sanspara. 𝐇𝐈𝐆𝐇𝐋𝐈𝐆𝐇𝐓𝐒 𝐀𝐁𝐎𝐔𝐓 𝐓𝐇𝐄 𝐂𝐎𝐌𝐏𝐀𝐍𝐘: Euro India Fresh Foods Ltd is an Indian-based snack food manufacturer, that was conceived in 2009, commenced commercial operations in 2012, and is today successfully operating #distribution networks across the country and the world. In just the next 5 years it got listed on the #NSE and has not looked back ever since. At present, they have 150+ SKUs, and they export to 14+ countries. 𝐒𝐄𝐂𝐑𝐄𝐓𝐒 𝐎𝐅 𝐓𝐇𝐄𝐈𝐑 𝐒𝐔𝐂𝐂𝐄𝐒𝐒: He shared insights on how the recession of 2008 inspired him to venture into #FMCG. He traveled to various countries to know the #failure stories of FMCG. 𝑯𝒆 𝒇𝒐𝒄𝒖𝒔𝒔𝒆𝒅 𝒐𝒏 𝒇𝒂𝒊𝒍𝒖𝒓𝒆 𝒔𝒕𝒐𝒓𝒊𝒆𝒔 𝒎𝒐𝒓𝒆 𝒕𝒉𝒂𝒏 𝒔𝒖𝒄𝒄𝒆𝒔𝒔 𝒔𝒕𝒐𝒓𝒊𝒆𝒔 which helped him know the key areas where the company was lacking and worked on them for the long-term success of his company. 𝑻𝒉𝒆 3 𝑭𝒐𝒄𝒖𝒔 𝑨𝒓𝒆𝒂𝒔 𝒐𝒇 𝑬𝒖𝒓𝒐 𝑭𝒐𝒐𝒅𝒔 𝑭𝒓𝒐𝒎 𝒕𝒉𝒆 𝑺𝒕𝒂𝒓𝒕 𝒕𝒊𝒍𝒍 𝑫𝒂𝒕𝒆 𝑨𝒓𝒆: 1) Brand Value - Perfect Branding, Designing & Packaging 2) Taste - Offering Mouth-watering Food Items 3) Quality of Product - They don't Reuse the Oil Once Used He gave credit for this success to his team. He said 𝑮𝒓𝒆𝒂𝒕 𝑻𝒆𝒂𝒎𝒔 are required at every level to scale up any #business. He believes in #peoplefirst #unity & #honesty policy. So, learn from such #SuccessStories #FmcgIndustry #Persistence #Patience #Dedication #EuroFoodsIndia #LearnFromFailure #Branding #TeamBuilding #Packaging #BusinessCoach #BusinessOwners #BusinessGrowth #CustomerSatisfaction #Leadership #RoadmapToSuccess2024 #DharaShahCoach

Varun Jaipuria - The Man Behind PepsiCo’s Success Against Coke’s Onslaught Since Varun Jaipuria assumed leadership of the India territory (in early-2022), which contributes approximately 80% to Varun Beverages Ltd.’s (VBL) top line, the company’s market capitalisation has jumped nearly fourfold to Rs 1.82 lakh crore. VBL - the largest bottler of non-alcoholic beverages in the country - today bottles and markets PepsiCo’s colas and juices in over 90% of India’s geography. Between 2021 and 2023, the company's top line surged at 35% CAGR, soaring from Rs 8,958 crore to Rs 16,321 crore. Under Jaipuria's direct leadership as CEO of VBL’s India and South Asia operations, revenues from the region nearly doubled in just two years, from Rs 6,596 crore in 2021 to Rs 12,633 crore in 2023. And despite widespread inflation woes among FMCG peers, he also managed to improve its margins - from 7.42% in 2019, standalone net profit margin has jumped to 14.05% in 2023. Watch: https://lnkd.in/gTUXFkgV | Arnab Dutta Varun Jaipuria #VarunJaipuria #pepsico #beverageindustry #marketingstrategy #businessnewslive

𝐁𝐞𝐲𝐨𝐧𝐝 𝐭𝐡𝐞 𝐁𝐨𝐭𝐭𝐥𝐞: 𝐇𝐨𝐰 𝐕𝐚𝐫𝐮𝐧 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞𝐬 𝐂𝐨𝐧𝐪𝐮𝐞𝐫𝐞𝐝 𝐭𝐡𝐞 𝐈𝐧𝐝𝐢𝐚𝐧 𝐅𝐌𝐂𝐆 𝐌𝐚𝐫𝐤𝐞𝐭 VARUN BEVERAGES LIMITED , the powerhouse behind PepsiCo's bottling operations in India, offers a compelling case study in FMCG success. Their journey to becoming the 4th most valued FMCG company in India is paved with strategic brilliance. Key elements that fueled their significant growth are:- ➡ Scaling the Beverage Landscape:- Varun Beverages has an unparalleled distribution network, spanning across 27 states and 7 UTs. With such a broad reach, the product is guaranteed to be as visible and accessible as possible, gaining a substantial portion of the Indian beverage market. ➡ Diversification beyond just Pepsi:- While Pepsi products remain their core strength, they understands the power of diversification. Their portfolio extends to Schweppes, Tropicana, Slice, and Gatorade, catering to a wider range of consumer preferences.They also have secured the exclusive rights to distribute Kurkure snacks. ➡ Operational Excellence: The Cost-Conscious Advantage:- Varun Beverages prioritizes cost optimization through in-house manufacturing of bottle preforms, crates, and boxes. Furthermore, by placing coolers strategically around stores, they maximise product visibility and encourage impulsive purchases by acting as a silent salesperson. Comment down your thoughts!! Abhinav P K #FMCG #India #BusinessStrategy #Marketing #pepsico #beverages #varunbeverages

👑🥤 Ravi Jaipuria: The Cola King of India 🥤👑 👇 Rise of VARUN BEVERAGES LIMITED, Know how VARUN BEVERAGES LIMITED is now the fourth most valuable firm in the FMCG sector, behind Dabur India Limited and Britannia Industries Limited. 👇Varun Beverages Limited is a PepsiCo franchisee. It manufactures and sells a variety of carbonated soft drinks (CSDs) and a wide range of non-carbonated beverages (NCBs), such as packaged drinking water marketed under PepsiCo-owned brands. 👑Ravi Jaipuria's journey to becoming the Cola King of India is nothing short of inspiring! From humble beginnings in the quick-service restaurant industry to pioneering a beverage empire. 🚀 Seizing the Economic Opportunity: -Starting with Devyani International, the largest franchise for KFC, Pizza Hut, and Costa Coffee in India, Jaipuria recognized the potential of the food and beverage market. -Under the umbrella of the RJ Group, Jaipuria's parent company, Varun Beverages initially focused on Pepsi production. -However, with a keen eye for opportunity and the backdrop of economic reforms in 1991, Jaipuria pivoted into beverage production and distribution, capitalizing on the growing demand for soft drinks. 📈 Pepsi's Dependence on Varun Beverages: -Varun Beverages soon became indispensable to Pepsi's success in India, handling critical aspects like production, logistics, and distribution. -Their symbiotic relationship catapulted Varun Beverages to remarkable growth, boasting 33 plants across India and a staggering 90% share of Pepsi's sales volume in the country. 💼 Diversification Beyond Pepsi: -Varun Beverages diversified its product portfolio, including energy drinks, ice tea, soda, and juices. Their commitment to operational excellence through backward and vertical integration ensured quality standards and efficient market penetration. -Moreover, Varun Beverages' dedication to customer satisfaction, exemplified by initiatives like installing Vissi coolers across retail outlets, reinforced brand loyalty and retention rates. -Through meticulous planning, strategic partnerships, and unwavering dedication, Ravi Jaipuria transformed Varun Beverages into the undisputed Cola King of India. PC:GrowthX® All thanks to GrowthX® for providing me with insights about VARUN BEVERAGES LIMITED's expansion strategy, backward and vertical integration in business, & SKU mix. #RaviJaipuria #ColaKing #BusinessSuccess #Innovation #Entrepreneurship #Inspiration

Sapphire Foods Q1 FY25 Analysis: Key takeaways!! . . Sapphire Foods India Limited reported steady performance in Q1 FY25, with consolidated restaurant sales growing 10% to INR 717 crores. However, the company faced challenges, particularly in the KFC business, due to shifting festival dates and subdued consumer spending. The management remains cautiously optimistic about future growth prospects while focusing on operational improvements and strategic initiatives. (continued in the comments)    #finance #india #business #equity 

Week 2/52 @ IIMC Paradise Biryani is synonymous with Biryani today! I had the opportunity to go on a long walk and exchange thoughts with Sameer Pal, AVP, Store Development at Paradise Food Court Pvt. Ltd (Paradise Biryani), last week and understand how this biryani outlet became a known name in every Indian household. We discussed the WHATs and HOWs of strategizing a brand through technology and process optimizations to ensure long-term profitability and customer retention. Naturally, I had some important WHYs to ask, such as their expansion plans using the cloud-kitchen model and the challenges related to brand duplicity (which has been a significant issue for authentic Paradise Biryani). I must say, I was impressed by his ability to think beyond the business and see the bigger picture. #strategy #strategymanagement #processOptimization #Branding

Do You Know The Indian Man Who Makes 90% of Pepsi Sold in India? If you love drinking Pepsi in India, chances are very high that the bottle or can came from one man's company - Ravi Jaipuria's Varun Beverages. Want to know more about how this son of an industrial family became India's biggest Pepsi bottler? And the secrets behind his massive $1.5 billion beverage business? Then read on... Ravi Jaipuria is called the 'Kola King of India' because of his huge success in the beverage business. In 1985, Ravi returned to India after studying abroad. He joined his family's business where the youngest brother got one bottling plant as his share. This single plant became the start of Varun Beverages - Ravi's beverage company. The big break came in 1991 when Ravi got his first contract with Pepsi to bottle their drinks. As part of the deal: 🔹Warren handled production, logistics, warehousing & distribution of Pepsi 🔹In return, Pepsi gave their secret concentrate formula to Warren 🔹Pepsi managed all the marketing and advertising This partnership helped both companies grow rapidly over the years. From just 1 plant in 1991, today Varun Beverages has expanded to: ✅47 bottling plants ✅Presence in 27 states & 7 union territories ✅Covers 90% of Pepsi's sales volume in India ✅Biggest bottling partner for Pepsi outside the US Wait, There's More to Ravi Jaipuria's Beverage Empire! 📈Started with just 250 employees, now over 10,000+ 📈Annual turnover over $1.5 billion 📈Also bottles drinks for other brands like Aquafina, Tropicana, Gatorade PS: Ravi's journey shows how perseverance, partnerships and scaling up operations can lead to massive success in the beverage industry in India. #FoodBeverage #IndianEntrepreneur #SuccessStory Follow Yash Agrawal for more such insights!

Yum Brands falls short on revenue as Pizza Hut and KFC same-store sales fall A sign is posted in front of a Taco Bell restaurant on May 01, 2024 in Richmond, California. Justin Sullivan | Getty ImagesYum Brands on Tuesday reported revenue that fell short of expectations as both Pizza Hut and KFC reported declining same-store sales.Shares of the company fell 1% in premarket trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $1.35 adjusted. That may not compare with $1.33 expect... Read more here: https://lnkd.in/d23AmWSx . . Like 💝 Comment below ⏬ Share ✅ For More Such Updates Follow Us @qnewshub @qnewscrunch . . #qnewshub #qnewscrunch #Business