Varun Beverages shares rise on new JV with White Peak Refrigeration

Varun Beverages Ltd (VBL), a significant bottling partner for PepsiCo, has recently made headlines with the announcement of a joint venture (JV) with White Peak Refrigeration Pvt Ltd. This strategic collaboration aims to manufacture visi-coolers and other refrigeration equipment, marking VBL’s entry into the refrigeration manufacturing sector. The JV is expected to enhance VBL’s supply chain efficiency and strengthen its market position in the beverage industry.