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PepsiCo to invest Rs 5,700 crore in India by 2030
PepsiCo plans a significant Rs 5,700 crore investment in India by 2030. This expansion will boost manufacturing capacity through new and existing projects. The focus will be on the snacks business, with new facilities in Madhya Pradesh, Assam, and Tamil Nadu. This investment highlights India's strong growth potential for packaged foods and beverages.
PepsiCo India to invest Rs 5,700 crore by 2030 on capacity expansion
PepsiCo plans a significant investment of up to Rs 5,700 crore in India by 2030. This funding will primarily enhance the manufacturing capabilities of its food business. New facilities are planned in Madhya Pradesh, Assam, and Tamil Nadu. The company sees strong growth potential in India due to rising incomes and a stable economic environment.
Tamil Nadu election results impact: Why have Sun TV Network shares crashed over 9% today?
Sun TV, part of the Sun Group, is led by Indian billionaire media proprietor Kalanithi Maran — who is closely related to DMK leaders. Maran is the grandnephew of DMK president M Karunanidhi and nephew of the current chief minister MK Stalin.