Quick service restaurants, soft drink businesses to bounce back this year: Ravi Jaipuria
Despite a slowdown in the growth of the quick service restaurants (QSRs) sector and soft drinks, Ravi Jaipuria, chairman of RJ Corp, PepsiCo's largest bottler, and the largest franchise partner for KFC, Pizza Hut and Costa Coffee in India, believes year ahead is expected to see healthy double-digit growth for both businesses. The company has announced capacity expansion for juices and dairy, including commissioning a plant in Jharkhand with an investment of Rs 450 crore.
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