PepsiCo Strengthens Indian Presence with INR 1,266 Crore Flavor Facility Investment
PepsiCo India announced a significant INR 1,266 crore investment to establish a state-of-the-art flavour manufacturing facility in Ujjain, Madhya Pradesh. This move reinforces their commitment to expanding operations in India and aligns with the "Atmanirbhar Bharat" (Self-reliant India) vision.
Key Highlights
- The 22-acre facility will significantly increase PepsiCo's beverage production capacity in India, creating jobs and boosting the local economy.
- This is PepsiCo India's second flavour manufacturing plant and will focus on "In India, for India" beverage flavour production.
- The plant will incorporate cutting-edge technologies to minimize environmental impact, including:
- Efficient water usage and replenishment, setting new sustainability standards.
- Reliance on renewable energy sources, leading to a substantial carbon footprint reduction.
- Zero Liquid Discharge technology for responsible water management.
Leadership Quotes
- Jagrut Kotecha, CEO of PepsiCo India & South Asia, emphasizes the project's contribution to socio-economic development and aligns it with PepsiCo's "Winning with pep+" sustainability philosophy.
- George Kovoor, Senior Vice President of Beverages at PepsiCo India, highlights the commitment to meeting rising beverage demand and responsible production practices.
Project Timeline
- Construction is slated to begin in 2024 with an expected operational launch in the first quarter of 2026.
This strategic investment strengthens PepsiCo's presence in India and demonstrates their commitment to sustainable growth while enriching local communities.
Investor
Outbound region
Inbound region
Industry
Date of record
2 April 2024
