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India busts firm faking expiry dates, nutrition labels on PepsiCo, Nestle food exports

Source: reuters.com

Regulation & LegislationConsumer Demand & RetailCompany Fundamentals
India busts firm faking expiry dates, nutrition labels on PepsiCo, Nestle food exports

Mumbai authorities raided an illegal operation that allegedly faked expiry dates and nutritional information on exported food products from PepsiCo, Nestlé, Coca-Cola, and Unilever, seizing goods worth nearly $80,000. While the seizure size is relatively small, it raises near-term regulatory and reputational risks for the affected packaged-food brands.

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