PepsiCo warns India supplies could run dry in two months over energy drink label ban
PepsiCo told an Indian court that continued restrictions on the “energy drink” label could leave its top-selling products out of stock nationwide in two months. Red Bull can currently sell its products.
PepsiCo (NASDAQ: PEP) told an Indian court on Thursday that if the ban on the “energy drink” label continues, its best-selling products could be unavailable across the country within two months. Rival Red Bull can continue selling its products for now. The remarks were made as the Delhi High Court…