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Now,
Pepsi to partner Wimpy in India
Our
Marketing Bureau in
New Delhi
In a significant move, PepsiCo India has replaced its arch
rival Coca-Cola India as the beverage partner of the UK-based
fast food chain of restaurants Wimpy in India.
Interestingly, while Pepsi says that it pipped Coke in a normal
pitch, Coke spokesperson, when contacted, said that the alliance
with Wimpy was called off because the partnership was not
meeting the required business targets. ‘‘We mutually decided
to terminate the agreement,’’ Coke spokesperson said while
refusing to elaborate.
Chairman of Wimpy chain of restaurants in India Mr KS Sidhu,
provided, yet another twist to the story: ‘‘The official beverage
switch from Coke to Pepsi marks Wimpy’s renewed marketing
and communication strategy targeting teenage tastes and preferences.’’
Wimpy, which hit the Indian market in 1983, currently has
14 restaurants across India — 10 in Delhi and the National
Capital Region (NCR), and the rest in Bangalore, Ludhiana,
Jalandhar and Indore. Two more Wimpy fast food joints are
opening shortly. The strategic partnership with Wimpy will
enable Pepsi with its range of soft drinks access to all Wimpy
outlets including its take-away outlet at the New Delhi railway
station.
Wimpy originated before World War II in Chicago and went on
to establish itself in Europe and the Middle East. Its world
famous burger logo was sought after even by Burger King when
it acquired major restaurants in 1990. Wimpy, currently, runs
about 1,000 restaurants worldwide.
Globally, Pepsi has a tie-up with some of the leading players
including Pizza Hut and KFC owned by Tricon Restaurants, Planet
Hollywood, Big Boy Burger and others. In India apart from
some global alliances, Pepsi has led its retail chain development
very aggressively and roped in many local outlets including
PVR and Taj Hotels.
Coke, on the other hand, has alliances with major food joints
such as Dominos Pizza and McDonald’s.
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