PepsiCo India will invest US$ 23.7 million to expand its largest greenfield foods manufacturing plant in Kosi Kalan, Mathura in Uttar Pradesh, which produces the popular Lay’s potato chips .
The infusion would push the company's overall investment in Uttar Pradeshto to about US$ 130 million.
PepsiCo India will set up a new manufacturing line as part of its expansion plan to increase the capacity of the cutting-edge food plant, which will produce one of the world's most popular nacho chip brands, Doritos.
The industry-friendly policies and ease of doing business in the state, according to Ahmed ElSheikh, President of PepsiCo India, allowed them to set up their greenfield food plant in Kosi in less than two years.
When it opens in September 2021, PepsiCo India's plans to supply the food manufacturing facility in Kosi Kalan, Mathura, with about 1,50,000 tons of potatoes annually to produce Lay's, the iconic potato chip brand. Additionally, it is developing a strong backward integration program involving over 5,000 local potato farmers.
The Kosi plant has given thousands of supply chain participants, wholesalers, retailers, etc. a means of support. The plant also promotes diversity, aiming to employ women for at least 30 percent of the positions. It has over 1,500 direct and indirect job openings to offer.
The food plant is also implementing the best sustainability strategies and cutting-edge manufacturing techniques.


Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization
Boeing Seeks FAA Emissions Waiver to Continue 777F Freighter Sales Amid Strong Cargo Demand
Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm
U.S. Stock Futures Rise Ahead of Holiday-Shortened Week as AI Optimism Lifts Tech
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround
Yen Slides as BOJ Caution Undercuts Rate Hike Impact
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts
Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift
China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious
U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise
EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties
Japan Signals Possible Yen Intervention as Currency Weakens Despite BOJ Rate Hike
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law
Italy Fines Apple €98.6 Million Over App Store Dominance 



