Beverages and snacks major PepsiCo India planned to invest over 1200 crore rupees to build a new beverage manufacturing facility in Sri City of Andhra Pradesh. The new beverage manufacturing plant will be the largest in India.
The plant will manufacture a range of beverages, including fruit juice based drinks, carbonated soft drinks and sports drinks.
The 1200 crore rupees investment in the new beverage plant is part of the recently announced plans by PepsiCo to invest 33,000 crore rupee in India by 2020.
The company also announced plans to substantially increase sourcing of mango pulp from Andhra Pradesh in the next six years.
PepsiCo Indian already has a beverage manufacturing plant at Sangareddy in Andhra Pradesh. With seven production lines, the plant manufactures and supplies PepsiCo products to the entire Andhra Pradesh region and parts of Karnataka.
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