Fizz has gone out of India: Nooyi

India has gone from a 'must-invest' to a 'must-deal-with' country, PepsiCo Chairman and CEO Indra Nooyi said, expressing the ambivalence that many overseas businesses feel about a country that's been tarnished by allegations of rampant political corruption, retrospective changes in law, policy reforms getting stuck and, to top it all off, an economic slump.

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