PepsiCo India announces 186cr investment in Mathura facility expansion

PepsiCo India announces186 cr investment in Mathura facility expansion

(PTI): PepsiCo India has announced expansion plans for its largest greenfield foods manufacturing plant that produces the immensely popular LAY’S potato chips in Kosi Kalan, Mathura in Uttar Pradesh.

The company is all set to further invest Rs 186 crore for the expansion of its food manufacturing facility in Mathura, taking the overall investment to Rs 1,022 crore in Uttar Pradesh. As part of its expansion plan, PepsiCo India will increase the capacity of the state-of-the-art foods plant, by setting up a new manufacturing line that will produce one of the world’s leading nacho chip brands Doritos.

Ahmed ElSheikh, President, PepsiCo India said, “The progressive ecosystem and industrial climate in Uttar Pradesh has yielded some fantastic opportunities for PepsiCo India. Thanks to the industry-friendly policies and ease of doing business in the state, we achieved a major milestone of setting up our greenfield foods plant in Kosiin in less than two years.”

Also read: Adani group to invest Rs 70,000 crore in UP, may create 30k jobs

“The state-of-the-art facility is fuelling the economic ecosystem and creating job opportunities in UP. Given the tremendous response, we are happy to further raise our investment by Rs 186 crore in the state. This latest investment is yet another testament of our `Unnati Ki Sajhedhari’ with the state of Uttar Pradesh and is also in line with the Indian Government’s vision of Atmanirbhar Bharath,” he added.

Commissioned in September 2021, PepsiCo India’s foods manufacturing plant in Kosi Kalan, Mathura intends to annually source around 1,50,000 tonnes of potatoes for its iconic potato chips brand, LAY’S ®. Additionally, a strong backward integration program involving over 5,000 local potato farmers is also being developed.

Further, the Kosiplant has provided a source of livelihood to thousands of supply chain partners, wholesalers, retailers, etc. The plant envisions creating over 1,500 direct and indirect job opportunities and is championing diversity with a target of at least 30 percent women employees. Staying committed to PepsiCo’s ‘Winning with pep+’ philosophy, the food plant is also deploying the best sustainability practices and advanced manufacturing technologies.

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