![](https://wp-static.smartkarma.com/../assets/uploaded/2022/03/IndiaVarunBeveragesLtdandmore.png)
In today’s briefing:
- Entry in foods business: A DCF accretive move
Entry in foods business: A DCF accretive move
- Varun will start contract manufacturing for Pepsi’s snack brand Kurkure Puffcorn and we believe it is a step in right direction.
- Depending on the Varun’s progress in Kurkure Puffcorn business, we expect Pepsi to offer more products and regions to Varun.
- As of now Varun will set up a plant in Uttar Pradesh for Rs200-250mn and will produce Kurkure Puffcorn.
Before it’s here, it’s on Smartkarma