Under attack over the alleged "excessive" presence of pesticides in their soft drinks, Pepsi and Coca-Cola on Tuesday dismissed the charge as "baseless" and threatened to take legal action against the Centre for Science and Environment a non-governmental organisation.
The multinational companies said the pesticide residues in their products were well within the limits set by the European Union.
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The conference was hurriedly convened in the wake of a report released earlier in the day by CSE, which alleged the presence of pesticides in soft drinks manufactured by the two multinationals.
"Our product is world-class and the same as what we sell in Europe and the US. These are tested by top-grade laboratories like VIMTA in Hyderabad and TNO in Netherlands," they said.