Indra Nooyi-led PepsiCo India has commissioned first phase of its largest beverage plant in the country in Sri City...
Indra Nooyi-led PepsiCo has commissioned first phase of its largest beverage plant in the country in Sri City, Andhra Pradesh.
The plant will manufacture a range of beverages, including fruit juice-based drinks, carbonated soft drinks, and sports drinks. When fully operational it will have nine production lines, the first of which was commenced on Friday.
“The plant will entail a previously announced total investment of over Rs 1,200 crore, a re-enforcement of PepsiCo’s long-term commitment to India,” Indra Nooyi, Chairman and CEO, PepsiCo said.
The plant was inaugurated by Andhra Pradesh’s Chief Minister Chandrababu Naidu.
“Operationalisation of this plant has begun a fresh chapter in the industrial journey of the state. The fact that this plant will generate employment opportunities for thousands, provides a much needed impetus to economic growth and development of the state. For more than 25 years, PepsiCo has been investing in the Indian economy and its people,” Nooyi said.
The state-of-the-art plant will also be company’s most water efficient plant in the country, she said.
“We are extremely delighted to be the host to PepsiCo’s state-of-the-art manufacturing plant in the country,” Naidu said.
PepsiCo, in a statement, said nearly a quarter of all employees of its Sri City facility will be women, making it one of the most gender diverse plants in India.