Food and Beverage Major PepsiCo India Ltd. has said that it will invest an additional Rs 186 crore to expand its food manufacturing facility at Kosi Kalan, Mathura, Uttar Pradesh, to produce Nacho Chip brand Doritos. Next, PepsiCo’s largest greenfield food manufacturing plant, which produces Lay’s potato chips, will have a total investment of Rs 1,022 crore.
“As part of its expansion plan, PepsiCo India will increase the capacity of the state-of-the-art food plant by setting up a new manufacturing line that will produce one of the world’s leading nacho chip brands, Doritos,” the company said. in a statement. Ahmed Alsheikh, President, PepsiCo India said that the progressive ecosystem and industrial climate in Uttar Pradesh has created some great opportunities for PepsiCo India. “The state-of-the-art facility is boosting the economic ecosystem and generating employment opportunities in Uttar Pradesh. Seeing the overwhelming response, we are happy that we are increasing our investment in the state by another Rs 186 crore. This latest investment is another testament to our ‘Unnati ki Partnership’ with the state of Uttar Pradesh and is also in line with the Government of India’s vision of Atmanirbhar Bharat,” he said.
The investment commitment was made by PepsiCo India at the Foundation Stone Laying Ceremony of the Investor Summit in Lucknow, Uttar Pradesh. PepsiCo India’s food manufacturing plant in Kosi Kalan, Mathura, commissioned in September 2021, intends to source around 1.5 lakh tonnes of potatoes annually for its Lay’s brand.
Additionally, a strong backward integration program involving over 5,000 local potato farmers is also being developed. The Kosi Kalan plant is the livelihood of thousands of supply chain partners, wholesalers, retailers etc. in the area.
“The plant is envisioned to generate over 1,500 direct and indirect employment opportunities and is supporting diversity with a target of at least 30 percent female workforce,” it said. Unnati Ki Saathi is a community initiative of PepsiCo India in Uttar Pradesh. It is about bringing change at the grassroots level through community support programs.
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