Peosico

PepsiCo India To Invest INR 778 Crore For Setting Up Its Greenfield Foods Manufacturing Facility In Nalbari, Assam Spread over 44.2 acres, the new plant aims to generate direct and indirect employment for 500 people Intends to source around 50,000 tonnes of potatoes, with focus on sustainable farming that is expected to benefit 5,000+ farmers over next few years PepsiCo India targets to intake 100% diverse talent and aiming atleast 75% women representation at the plant Aims to set up a community learning centre at Women’s ITI campus, Nalbari to upskill women over the next two years Guwahati (Assam), 6th September 2023: Establishing its ‘Partnership of Progress’ with the state of Assam, PepsiCo India announced its first foods manufacturing plant in Nalbari, Assam with an investment of INR 778 crore (USD 95 Million). Spread over 44.2 acres, the state-of-the-art plant is proposed to be operational in 2025 and aims to provide direct and indirect employment opportunities to 500 people. To mark this significant step in its commitment to India, a Bhumi Pujan ceremony was organized by PepsiCo India, graced by Dr. Himanta Biswa Sarma, Hon’ble Chief Minister of Assam along with key senior dignitaries from the State Government. Eugene Willemsen, Chief Executive Officer – Africa, Middle East & South Asia, PepsiCo, and Ahmed ElSheikh, President, PepsiCo India were accompanied by senior leadership from PepsiCo India at this historic moment. Following the Bhumi Pujan ceremony, PepsiCo India signed a Tripartite MoU with Assam Skill Development Mission and Directorate of Employment & Craftsman training for fostering women empowerment and creating a safe & supportive work environment to enhance women employability in the region. The plant targets to intake 100% diverse talent and aiming atleast 75% women representation and intends to set up its first Community Learning Centre at Women’s ITI campus, Nalbari to upskill women over the next two years. Being an agri company at heart, PepsiCo India has been consistently working with the farmer community across India, the coming of new foods plant in Assam will further strengthen its efforts with the aim to assist and improve livelihoods of over 5,000+ farmers over the next few years. PepsiCo India will also provide farmers with growth opportunities by using state-of-the-art technology, high-quality seeds and affordable machinery with the goal of sourcing 50,000 tonnes of potatoes from the state, to produce its iconic brand Lay’s. The plant will also generate demand for cold storage capacity of 60,000 tonnes over the next few years.