Home » India » PepsiCo to Invest in India snacks plant

PepsiCo to Invest in India snacks plant

Feb 21, 2019 | Emerging Trends, India

PepsiCo has set out plans to invest in a savoury snacks plant in India, a major emerging market for the US food giant.

The Lay's crisps maker is to install a new production line at its factory in the state of West Bengal.

PepsiCo said the investment is part of plans it announced last year to double the size of its snacks business in India in volume terms by 2022. The company declined to provide specific figures.

In a statement provided to just-food, PepsiCo said: "The West Bengal facility is a snacks manufacturing facility and produces Lay's, Kurkure, Uncle Chipps and Doritos. The new line will expand the potato chips manufacturing operation with capacity enhancement."

Make an Enquiry
Fill out the form and a member of our team will get back to you shortly.Usual response time 1-2 hours.

It added: "The line expansion in West Bengal will generate 300 additional jobs across the PepsiCo manufacturing and distribution system in the state." PepsiCo did not provide details on the number of staff working at the plant at present.

As part of the investment, PepsiCo intends to increase its potato sourcing from West Bengal by 50%. All the potatoes used for Lay's and Uncle Chipps snacks are sourced from Indian farmers.

Last week, PepsiCo made a group-wide announcement in which it said it plans to instigate a restructuring plan to simplify its business model, which will involve job losses and factory closures along with billions of dollars in associated costs.

Article Source : just-food

Up to 15% Returns on Investment

Fixed return investments fully backed by properties.

*15% p.a. paid at the end of the term on capital gain option*


Submit your email address and a member of our team will contact you shortly. Usual response time is 1-2 hours.

Naspers Is Said to Eye Fintech Deals in $1 Billion India Push

Naspers, Africa’s largest company based on market value, is gearing up to spend $1 billion in India in the form of investments focused on the financial technology market. According to a report in Bloomberg, citing people familiar with the matter, Naspers is looking...

Spain’s Puig makes India entry with investment

Spanish fashion and fragrance company Puig SL has marked its entry into India by picking a minority stake in private equity-backed Kama Ayurveda Pvt. Ltd. Puig will infuse Rs 100 crore ($14.4 million at current exchange rate) as part of the transaction and will have...



Flexible Terms

3 year investment plan, ideal for first-time investors.

Flexible Payment Options

Option to receive interest payments monthly or quarterly.