PepsiCo and Coca-Cola products seized in alleged India relabeling probe
Indian authorities seized thousands of cartons tied to an alleged expiry-date and relabeling operation, including PepsiCo Inc. (PEP) and Coca-Cola Co. products. A raid targeted a third-party facility in Navi Mumbai.
PepsiCo Inc. (PEP, Financials) and Coca-Cola Co. products were among thousands of cartons seized by Indian authorities during an investigation into an alleged expiry-date and relabeling operation.Officials raided a third-party facility in Navi Mumbai and seized 8,442 cartons linked to 10 exporter c…