PepsiCo India is set to invest up to Rs 5,700 crore in India by 2030 to enhance its foods business manufacturing capacity. The company’s CEO, Jagrut Kotecha, revealed that the investment will primarily target three manufacturing facilities in Madhya Pradesh, Assam, and Tamil Nadu.
Kotecha stated that the committed investment of nearly Rs 5,700 crore from 2025 to 2030 will focus on a concentrates plant in Madhya Pradesh and snacks plants in Assam and Tamil Nadu. Notably, some of these investments, such as the concentrates plant in Madhya Pradesh and the Northeast plant in Assam, will be operational in the coming months.
The recent land acquisition in Tamil Nadu will facilitate PepsiCo’s expansion of its snacks business in southern India, according to Kotecha. He emphasized that India remains a crucial growth market for PepsiCo, driven by increasing incomes and a favorable investment climate.
PepsiCo India and South Asia CFO, Savitha Balachandran, reported a robust 11% growth in the company’s foods segment in 2025. Despite challenges faced by the beverages business due to weather-related factors and heightened competition, both segments exhibited strong performance. The company enters 2026 with positive momentum and a healthy balance sheet, boasting over Rs 1,600 crore in cash reserves.
Maintaining a strategic focus on investment, PepsiCo aims to balance growth initiatives with financial prudence to ensure sustained long-term growth.
