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India's cola wars heat up

Coca-Cola, Pepsico eyeing the US$4.1b soft drink market

AMERICAN soft drink giants Coca-Cola and Pepsico are stepping up their battle for India's estimated US$4.1 billion soft drink market, representing a compound annual growth rate (CAGR) of 12.3 per cent between 2008 and 2012. PepsiCo, the world's largest snack-food maker announced last week that