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	<title>New Executive Leadership &#187; US India Business Council</title>
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		<title>Soda Company Takes on Corporate Responsibility</title>
		<link>http://www.newexecutiveleadership.com/2010/01/soda-company-takes-on-corporate-responsibility/</link>
		<comments>http://www.newexecutiveleadership.com/2010/01/soda-company-takes-on-corporate-responsibility/#comments</comments>
		<pubDate>Wed, 20 Jan 2010 21:46:29 +0000</pubDate>
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				<category><![CDATA[Corporate News]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Pepsi]]></category>
		<category><![CDATA[US India Business Council]]></category>

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		<description><![CDATA[PepsiCo talked about its plans to extend its product portfolio, particularly in India. The company also has plans of building its brand image around conglomerate and social responsibility at the $43 billion dollar beverages and snacks foods multinational’s first international Board meeting in India.]]></description>
			<content:encoded><![CDATA[<p>PepsiCo talked about its plans to extend its product portfolio, particularly in India. The company also has plans of building its brand image around conglomerate <a href="http://economictimes.indiatimes.com/Corporate-Trends/Pepsi-to-fizz-up-image-with-corporate-social-responsibility/articleshow/5221023.cms">and social responsibility</a> at the $43 billion dollar beverages and snacks foods multinational’s first international Board meeting in India. </p>
<p>The meeting, which lasts for three days, was attended by PepsiCo’s chief executive officer and chairman <a href="http://en.wikipedia.org/wiki/Indra_Nooyi">Indra Nooyi</a>, international chief executive officer Michael D. White and the 11 independent directors like Ian M. Cook (Colgate-Palmolive CEO and president) and Daniel Vasella (Novartis AG CEO and chairman).</p>
<p>The board directors talked about boosting the company’s active presence in India’s wellness and health portfolio, particularly in the packaged water category.</p>
<p>The meeting was said to be an indication of the significance of India in the global space of the beverage companies. The last time the company Board was on a meeting was in Mexico five years ago.</p>
<p>The assembly was also said to be the brainchild of Indra Nooyi. At a conference conducted by the <a href="http://www.usibc.com/usibc/default">US-India Business Council</a> (USIBC) and CII, she said “we want to show them (PepsiCo board members) the glory of India and the issues in India so that we propose solutions.”</p>
<p>India has been known for being among the top three markets for PepsiCo, which first came to the country 20 years ago, said Nooyi. The Board would make use of the meeting in Mumbai to learn further about the Indian market; its business tactics as well as the productivity it is making in terms of environmental, talent and human sustainability.</p>
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