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Ramon Laguarta: “We can sell a bag of [Lays] in India in rural areas for 4…”

Featuring: Ramon Laguarta, Chairman and CEO of PepsiCo | National

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PepsiCo CEO on Tackling Inflation, Weight-Loss Drugs and More | WSJ

Published | Video Starts at 30:02

You know, a full supply chain that allows us to sell at 5 rupees. 5 rupees is what is it now because it's been devalued. Is it 4 cents, right? Something like that. So We can sell a bag of [Lays] in India in rural areas for 4 cents and still make a decent profitability. for the distributors and for us. So these are, this is how companies like ours, the way I think about our company is we're a global company, but not really a global company. (30:02–30:13)

CLAIM

Asserts that Lays can be sold profitably in rural India for 4 cents per bag.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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