PepsiCo To Invest $95 Mn In Assam Foods Manufacturing Plant
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PepsiCo To Invest $95 Mn In Assam Foods Manufacturing Plant

PepsiCo To Invest $95 Mn In Assam Foods Manufacturing Plant

PepsiCo India anounced its ‘Partnership of Progress’ with the state of Assam in regard to its first foods manufacturing plant in Nalbari, Assam with an investment of Rs 778 crore (USD 95 Million).

Spread over 44.2 acres, the state-of-the-art plant is proposed to be operational in 2025 and aims to provide direct and indirect employment opportunities to 500 people.

PepsiCo India signed a Tripartite MoU with Assam Skill Development Mission and Directorate of Employment & Craftsman training for fostering women’s empowerment and creating a safe & supportive work environment to enhance women’s employability in the region.

The plant targets to intake 100 per cent diverse talent and aims for at least 75 per cent women representation and intends to set up its first Community Learning Centre at Women’s ITI campus, Nalbari to upskill women over the next two years.

Speaking at the occasion and addressing the gathering, Chief Minister of Assam, Dr Himanta Biswa Sarma, said, “This historic occasion marks the beginning of a new partnership between Assam government and PepsiCo India. On behalf of the people of Assam, I welcome PepsiCo as partners in the path of progress. We are transforming Assam into a preferred state for investment, and I assure PepsiCo of our full support for this greenfield foods manufacturing plant. PepsiCo India aims to offer special training to women of Assam and help them gain new skills, enabling women empowerment in the state. I congratulate the people of Assam, especially Nalbari, who will benefit from this partnership.”

Eugene Willemsen, Chief Executive Officer – Africa, Middle East & South Asia, PepsiCo, said, “India stands as a robust cornerstone among the world’s leading economies, underscored by its impressive growth trajectory. India is amongst the fastest growing markets for PepsiCo in AMESA region, and we are committed to invest in the nation to build capacity. Our first foods manufacturing plant in Assam is a testament of our long-term vision and unwavering support to the economic growth of the country by creating an equitable and sustainable ecosystem. This plant is poised to integrate the finest elements of PepsiCo’s global expertise while contributing to Assam’s holistic advancement. This decade is a decade of India and at PepsiCo, we are focused on building capabilities, availability and expanding penetration across the nation.”

(BusinessWire India/ ANI)

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