PepsiCo India to Invest ₹1,266 Crore in Madhya Pradesh

2 Apr 2024 , 03:47 PM

As part of its aspirations for national development, PepsiCo India announced on Tuesday that it will invest ₹1,266 Crore to establish a flavour manufacturing facility in Ujjain, Madhya Pradesh. According to a statement from the firm, the 22-acre plant will be crucial to expanding PepsiCo’s beverage manufacturing in India, creating jobs and boosting the local economy.

It also stated that the future plant’s development is scheduled to begin in 2024 and is anticipated to begin operations in the first quarter of 2026.

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

According to George Kovoor, Senior Vice President, Beverages at PepsiCo India, the new establishment would be the company’s second flavour manufacturing plant in India.

“In order to fulfil the nation’s growing demand for our beverages, we intend to increase production. This strategic investment reaffirms our commitment to offering our customers the best beverages possible and our duty to advance sustainable practices throughout our whole business,” Kovoor continued.

Channo, Punjab is home to PepsiCo’s first flavour making plant in India.

According to PepsiCo India, the new manufacturing plant will run exclusively on renewable energy sources, resulting in an amazing 1.9 metric tonne reduction in carbon footprint per day. This is in accordance with the company’s global sustainability goals.

According to the firm, the plant’s zero liquid discharge technology seeks to replace 100% of the water used at the facility and achieve an overall water efficiency of about 90% while guaranteeing prudent management of water resources.

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