On Wednesday, September 6, PepsiCo India, a food and beverage company, announced its plan to invest INR 778 Crore in establishing its inaugural food-centric manufacturing plant in Assam, facilitating market access to the northeastern region.
The manufacturing facility, spanning 44.2 acres in Nalbari, is scheduled for operation in 2025 and is expected to create both direct and indirect employment opportunities for 500 individuals.
Also Read: Upcoming Residential Project: GHR Callisto, Hyderabad
PepsiCo India will support farmers in the area by employing state-of-the-art technology, high-quality seeds, and cost-effective machinery to manufacture its renowned Lays crisps brand. According to a company statement, the plant will also generate demand for 60,000 tonnes of cold storage capacity in the coming years.
PepsiCo India has also entered into a tripartite Memorandum of Understanding (MoU) with theAssam Skill Development Mission and Directorate of Employment and Craftsmen Training to improve women’s employability in the region.
Biltrax Construction Data is tracking 25,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights and gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.
0
