CURRENT AFFAIRS

Detailed explanation-1: -Top snack and bakery companies worldwide in 2020 Nestlé S.A. had sales of approximately 91.1 billion U.S. dollars in 2020, making them the leading snack and bakery product company in the World by a comfortable margin. By comparison, PepsiCo stood in second place that year, with sales of about 70.4 billion dollars.

Detailed explanation-2: -According to a latest report of Nielsen, Haldiram reclaimed the spot as the country’s largest snack company, outrunning Pepsico, after nearly two decades. Data showed that Haldiram’s sales came in at Rs 4,224.80 crore as on September 2017, higher in comparison with Pepsico whose sales stood at Rs 3,990.7 crore.