PepsiCo, one of the well-known beverage and food companies, has announced a substantial investment of Rs. 778 crore to set up a new food manufacturing plant in Nalbari, Assam.
This exciting development is the company’s first investment in the northeastern region of India. The plant, covering an expansive area of 44.20 acres, is expected to become operational by the year 2025. Notably, this initiative will provide job opportunities for approximately 500 individuals, contributing to the local economy.
Assam’s Chief Minister, Himanta Biswa Sarma, has applauded this investment as a significant milestone in the state’s industrialisation journey.
PepsiCo India has also signed a tripartite Memorandum of Understanding (MoU) with the Assam Skill Development Mission and the Directorate of Employment & Craftsman Training. This collaboration aims to promote women’s empowerment and create a safe and supportive work environment to enhance women’s employability in the region.
The Nalbari plant is expected to be inclusive, targeting 100% diverse talent, with a goal of achieving at least 75% women representation. Additionally, PepsiCo plans to establish its first Community Learning Centre at the Women’s ITI campus in Nalbari, where women can acquire new skills over the next two years.
Promoting Self Reliance:
Ahmed ElSheikh, President of PepsiCo India, highlighted their investment in Assam as a significant step toward supporting India’s vision of self-reliance. He underlined their commitment to creating employment opportunities and empowering the farming community to enhance potato production.
A Bhumi Pujan ceremony marked the beginning of this project, with Assam Chief Minister Himanta Biswa Sarma and other senior dignitaries from the state government in attendance.
PepsiCo entered the Indian market in 1989 and has since grown to become one of the largest players in the food and beverage industry in the country.