"We are moving as an organisation towards creating a healthier portfolio... we have been working on developing products after understanding the local food palette and need for whole grains and nutrition in the Indian diet," PepsiCo India VP-nutrition category Deepika Warrier told PTI.
"We are looking at launching 4-5 new products by end this year or beginning of next year," Ms Warrier added.
She also said, "We believe in offering a range of choices to our customers... Clearly there is a ready category momentum (for nutrition backed products)... We have seen that nutrition backed products are growing much faster.. We need to tap that momentum."
PepsiCo will launch new products to address whole grain needs in the Indian diet, fruits and vegetables gaps, and create familiar Indian breakfast recipes healthier with oats. Quaker Oats figures prominently in PepsiCo's nutrition division plans.
The company has appointed Chef Vikas Khanna as its nutrition brand ambassador. The company has recently launched two new flavours of oats viz Chaat style and Curry Magic, co-created with the chef.
"As the category leader, we are taking steps to grow the segment. We have taken initiatives such as making the product more appealing for Indian taste palette and launching smaller packs priced at Rs 10 to bring in new customers," she added.
According to industry sources, oats are currently a Rs 270-crore market, which is less than one-third of the breakfast cereal market.
Brands under PepsiCo's nutrition division include Quaker, Tropicana and Gatorade.
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