PepsiCo is an American multinational food and beverage corporation headquartered in New York. It manufactures and markets a variety of carbonated and non-carbonated beverages as well as grain-based snack foods. PepsiCo entered the Indian market in 1989 and has grown to become one of the country's leading food and beverage companies. For distribution in India, PepsiCo uses both company-owned distributors and franchise-owned distributors to bring its products to consumers through a two-level distribution channel involving two intermediaries between bottling factories and end customers.