PepsiCo India has announced plans to invest Rs 1,266 crore to establish a flavour manufacturing facility in Ujjain, Madhya Pradesh, as part of its expansion strategy in the country.
According to the company’s statement, the plant, covering 22 acres of land, will play a pivotal role in enhancing PepsiCo’s beverage production in India. Additionally, it is expected to generate employment opportunities and contribute positively to the local economy.
Construction of the new plant is scheduled to commence in 2024, with operations projected to begin in the first quarter of 2026.
Jagrut Kotecha, CEO of PepsiCo India & South Asia, expressed gratitude for the support from the government of Madhya Pradesh, emphasizing the company’s commitment to bolstering its presence while fostering socio-economic development in the region.
George Kovoor, Senior Vice President of Beverages at PepsiCo India, highlighted that this new facility will be the company’s second flavour manufacturing unit in India. He emphasized the goal of increasing beverage production to meet growing demand in the country. Kovoor also underlined PepsiCo’s dedication to delivering high-quality beverages and promoting sustainable practices across its operations.
PepsiCo’s first flavour manufacturing facility in India is located in Channo, Punjab.
Aligned with its global sustainability objectives, the new manufacturing facility in Madhya Pradesh will operate entirely on renewable energy sources, resulting in a reduction of approximately 1.9 metric tonnes of carbon footprint per day. Additionally, the plant will employ zero liquid discharge technology, aiming to achieve around 90 percent overall water efficiency. This approach ensures responsible water resource management, with the facility committed to replenishing 100 percent of the water used on-site.
PepsiCo India’s investment in this new flavour manufacturing facility not only signifies its commitment to growth and innovation in the beverage industry but also underscores its dedication to environmental sustainability and corporate responsibility.
Sources Of Information: Moneycontrol
