Key Points
NEW DELHI: PepsiCo India on Tuesday said it will invest Rs 1,266 crore to set up a flavour manufacturing facility at Ujjain in Madhya Pradesh as part of its expansion plans in the country..
The plant spread over 22 acres, will play a significant role in scaling up PepsiCo's beverage production in India, generating employment and positively impacting the local economy, the company said in a statement...
"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.. PepsiCo India Senior Vice President, Beverages George Kovoor said the new unit will be the company's second flavour manufacturing facility in India...
PepsiCo India said in line with 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...
