Thums Up scores higher — but neither is Indian-owned
Thums Up scores 23/100 vs Mountain Dew at 18/100 on ownership.
23
Thums Up
18
Mountain Dew
Brand Comparison
Thums Up vs Mountain Dew
Quantify ownership structure, origin, and control signals in one view.
Derived from documented disclosures and scored consistently.
Foreign-owned profile
Thums Up
India ownership score: 23/100
Foreign-owned profile
Mountain Dew
India ownership score: 18/100
Comparison Fit
These brands share a broad segment and should be interpreted as a wider comparison.
Profile match: broad segment
Ownership Insight
Thums Up is owned by Coca-Cola India, headquartered in United States. Mountain Dew is owned by PepsiCo India, headquartered in United States.
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Score Breakdown
Equity ownership
Thums Up: 0%
Mountain Dew: 0%
Manufacturing presence
Thums Up: 80%
Mountain Dew: 60%
Revenue retention
Thums Up: 30%
Mountain Dew: 60%
Strategic control
Thums Up: 0%
Mountain Dew: 0%
Side-by-side Details
| Feature | Thums Up | Mountain Dew |
|---|---|---|
| Country of origin | India | United States |
| Headquarters | Atlanta, Georgia | New York |
| Founded | 1977 | 1940 |
| Parent company | Coca-Cola India | PepsiCo India |
| Parent company country | United States | United States |
| Manufacturing in India | 80% | 60% |
| Revenue retained in India | 30% | 60% |
| Ownership type | Foreign Subsidiary | Foreign Brand |
| Strategic control | United States | United States |
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Indian Competitors
Frequently Asked Questions
Which is more Indian — Thums Up or Mountain Dew?
Thums Up is more Indian with a score of 23/100 vs Mountain Dew's 18/100.
Is Thums Up Indian-owned?
Thums Up is foreign-controlled with an Indian ownership score of 23/100, owned by Coca-Cola India (United States).
Is Mountain Dew Indian-owned?
Mountain Dew is foreign-controlled with an Indian ownership score of 18/100, owned by PepsiCo India (United States).
Who owns Thums Up?
Thums Up is owned by Coca-Cola India (United States).
Who owns Mountain Dew?
Mountain Dew is owned by PepsiCo India (United States).