PepsiCo India to spend Rs 7.78 bn on Assam plant

08 Sep 2023 CW Team

PepsiCo India announced that they are establishing a new manufacturing plant in Nalbari, Assam, with an investment of Rs 7.78 billion. They mentioned that the plant, which would cover an area of 44.2 acre, would become operational in 2025 and would generate employment opportunities for 500 individuals.

PepsiCo India expressed their intention to procure 50,000 tonnes of potatoes from the state to support the production of their Lay's brand. Furthermore, the company stated that the plant would also offer cold storage capacity of 60,000 tonnes over the coming years.

Eugene Willemsen, the Chief Executive Officer (CEO) of PepsiCo's Africa, Middle East, and South Asia (AMESA) region, remarked, "India is one of the fastest-growing markets for PepsiCo in the AMESA region. Our inaugural food manufacturing facility in Assam represents our enduring commitment to the nation's economic development by fostering an equitable and sustainable ecosystem. This decade belongs to India, and at PepsiCo, we are dedicated to enhancing our capabilities, availability, and market reach across the entire country."

PepsiCo India had set a goal to provide employment opportunities for 500 individuals through this new plant.

Additionally, they entered into a three-way agreement with the Assam Skill Development Mission and the Directorate of Employment and Craftsman Training to promote women's empowerment.

Also read:
India aims to lead as green fuel refuelling hub for shipping
IREDA partners with Union Bank of India, BoB to boost RE growth

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..