PepsiCo reports snacks stable amid Q2 profit drop
date:Jul 27, 2012
usiness in India, with the aim to double business every year.

PepsiCo outlined that Latin America Foods showed the strongest revenue growth among PepsiCos food arms, with an 8% surge underpinned byparticularly strong growth in Mexico.

The snacks and beverage giant caters to the Mexican snacks market through two subsidiaries Sabritas and Gamesa that produce Doritos, Tostitos and Cheetos. Its Sabritas arm was recently caught up in a drug-gang problem as it was accused of allowing police to spy
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