PepsiCo India Expansion: To invest Rs 1,226 crore to set up manufacturing facility in Madhya Pradesh

Updated : Apr 02, 2024 19:23
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Editorji News Desk

PepsiCo India is investing Rs 1,266 crore to set up a flavour manufacturing unit in Madhya Pradesh's Ujjain. This comes as part of the firm's expansion plans in the country. The company in a statement said that the new plant will play a significant role in scaling up PepsiCo's beverage production in India, generating employment and positively impacting the local economy

PepsiCo's investment

The statement also revealed that the factory will be spread over 22 acres and the construction is slated to start in 2024 and is expected to be operational in the first quarter of 2026. 

"With support from the government of Madhya Pradesh, we aim to strengthen our footprint while driving impactful progress in enhancing the socio-economic landscape of the region," PepsiCo India & South Asia CEO Jagrut Kotecha said

Also Read: Foxconn to set up a factory worth Rs 1,200 crore for operational needs

As per PepsiCo India Senior Vice President, Beverages, George Kovoor this will be the company's second flavour manufacturing unit in India.

"We aim to ramp up the production of our beverages to meet the rising demand in the country. This strategic investment not only strengthens our dedication to providing the highest quality beverages to our consumers but also reinforces our responsibility to drive sustainable practices across our operations," Kovoor added

The firm's first flavour manufacturing unit in India is in Punjab's Channo. 

Global sustainability goals

The firm in the statement further mentioned that as per its global sustainability goals, the new manufacturing facility will operate entirely on renewable energy sources leading to a reduction in carbon footprint by an impressive 1.9 metric tonne per day.

The plant is also aiming to achieve approximately 90% overall water efficiency with its zero liquid discharge technology. The firm expects the technology to ensure responsible management of water resources, and replenishing 100% of the water used at the facility.

 

PepsiCo

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