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    PMJ Jewels Inaugurates Landmark Showroom in Frisco, Dallas

    UBS and Nethermind Complete Compliance Proofs of Concept on Ethereum.

    KPMG Australia announces leadership changes and governance overhaul to rebuild trust .

    Busworld Türkiye 2026 grows by 15% as innovation takes centre stage.

    Global Leaders Gather in Dalian for Summer Davos to Unlock Innovation at Scale.

    New Global Lighthouse Sites Demonstrate How AI Is Rewiring Manufacturing and Supply Chains

  • National
    • All
    • Economy & Politics
    • Election

    Supreme Court on Company Law – Compendium of Cases Third Edition – Another Landmark Publication by Aseem Chawla, Senior Advocate.

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    PMJ Jewels Inaugurates Landmark Showroom in Frisco, Dallas

    Qualcomm India Opens Registrations for Snapdragon Multiverse Hackathon to Build Multi-Device AI Solutions.

    Shivamogga Deserves a High Court Circuit Bench: MP B.Y. Raghavendra Urges Governor’s Intervention.

    High-level meeting chaired by Home Minister Priyank Kharge: Orders strict action for a drug-free Karnataka.

  • Business

    UBS and Nethermind Complete Compliance Proofs of Concept on Ethereum.

    Square Yards raises INR 900cr (USD 95mn), plans additional USD50-60mn close as it prepares for IPO.

    KPMG Australia announces leadership changes and governance overhaul to rebuild trust .

  • Health

    NYB.AI Featured in NVIDIA GTC Taiwan 2026 Opening Showcase, Marking Milestone in AI-Driven Drug Discovery Collaboration.

    Narayana Health City Performs India’s First Pulsed Field Ablation for Advanced Treatment of Atrial Fibrillation.

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  • Technology
    • All
    • Environment
    • Science

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    Forensic Science Laboratory’s Achievements a Model for the Nation Government Committed to Further Strengthening It – Home Minister Priyank Kharge

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    Union Minister Dr. Jitendra Singh Calls for Stronger Industry-Academia Partnerships to Accelerate Science-Led Growth.

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    Cisco Unveils Agentic Platform for Operating and Defending Critical IT Infrastructure.

  • Auto

    Daimler India Commercial Vehicles (DICV) also joins the Government of India scheme to provide discounts for the replacement of old trucks and buses in Delhi-NCR.

    Busworld Türkiye 2026 grows by 15% as innovation takes centre stage.

    Tata Motors Strengthens eCV Leadership with over 3,400 Vehicle Orders Across Freight, Logistics and Passenger Mobility Segments.

    GAS Milano Unites the Superbike Fraternity with the Launch of its New Motorsport Inspired Collection.

  • Sports

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    fischer is the Fastening Expert for Estadio Azteco, Mexico – Iconic Venue for 5 World Cup Matches.

    “The mindset has changed for everyone” – Karun Nair on IPL influence shaping T20 approach across competitions.

    Sreenidhi University TG20 kicks off in Hyderabad as Thaman, Vijay Deverakonda set stage on fire in Opening Ceremony

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

  • Lifestyle
    • All
    • Food
    • Travel

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    ABD’s ICONiQ White Whisky Achieves Highest-Ever Monthly Sales, Over 1 Million Cases in a Month.

    Air India introduces ‘basic’ fare option, expanding customer choice in economy class on domestic travel.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Change in timings of ration distribution and fair price shops in Bengaluru.

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PepsiCo India to Invest INR 778 Crore for Setting up Its Greenfield Foods Manufacturing Facility in Nalbari, Assam

by FWM
September 7, 2023
in Business
0

Bhumi Pujan Ceremony of PepsiCo India's first foods manufacturing plant in Assam

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Wednesday, September 6, 2023 3:50PM IST (10:20AM GMT)

Guwahati, Assam, India:

  • 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 
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.

Speaking at the occasion and addressing the gathering, Chief Minister of Assam, Dr. Himanta Biswa Sarma, said, “This historic occasion marks the beginning of a new partnership between Assam government and PepsiCo India. On behalf of the people of Assam, I welcome PepsiCo as partners in the path of progress. We are transforming Assam into a preferred state for investment, and I assure PepsiCo of our full support for this greenfield foods manufacturing plant. PepsiCo India aims to offer special training to women of Assam and help them gain new skills, enabling women empowerment in the state. I congratulate the people of Assam, especially Nalbari, who will benefit from this partnership.”

Eugene Willemsen, Chief Executive Officer – Africa, Middle East & South Asia, PepsiCo, said, “India stands as a robust cornerstone among the world’s leading economies, underscored by its impressive growth trajectory. India is amongst the fastest growing markets for PepsiCo in AMESA region, and we are committed to invest in the nation to build capacity. Our first foods manufacturing plant in Assam is a testament of our long-term vision and unwavering support to the economic growth of the country by creating an equitable and sustainable ecosystem. This plant is poised to integrate the finest elements of PepsiCo’s global expertise while contributing to Assam’s holistic advancement. This decade is a decade of India and at PepsiCo, we are focused on building capabilities, availability and expanding penetration across the nation.”

Ahmed ElSheikh, President, PepsiCo India, said, “In alignment with the Government of India’s Self-Reliant India vision (Atmanirbhar vision), our investment in the greenfield facility in Assam stands as a significant milestone in our pursuit of this goal. Through the creation of employment opportunities and by empowering the farming community, our aim is to support the government’s drive for self-sufficiency in potato production. Our skilling initiatives will further focus on fostering an ecosystem of economic empowerment for the women of Assam, equipping them with essential training and parity in opportunities. With this new facility, we anticipate a transformative impact on Assam’s entire ecosystem, reinforcing our ‘partnership of progress’ with the State Government.”

Aligned with its ‘Winning with pep+’ philosophy, PepsiCo India will be implementing renewable practices within the plant to fulfill its water and energy needs with the target of using over 80% renewable energy. The plant is expected to generate significant opportunities for businesses representing the MSME industry including packaging products like laminates, carton, scrap and other local ancillary industry, positively impacting the local industrial ecosystem.

FWM

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