PepsiCo Expands Production in India with New Facilities

PepsiCo is bolstering its presence in India by expanding its production capacity with two new facilities. The company aims to double its revenue in India over the next five years, driven by significant investments in greenfield plants. Currently, PepsiCo operates manufacturing sites in Uttar Pradesh, Punjab, Maharashtra, and West Bengal, with a new plant set to open in Assam. The additional facilities, including one in southern India, will cater to growing demand for packaged foods and beverages. This strategic expansion aligns with PepsiCo's vision of India as a key growth engine, leveraging the country's rising urbanization and consumer spending.

Source: Business Standard, The Economic Times, Indian Retailer.