Bon Appétit

PepsiCo all set to develop its Agri-food industry in India

PepsiCo is all set to establish a mega food manufacturing plant in Uttar Pradesh, aimed to scale-up the agri-food business in India. “PepsiCo in India remains Committed to sustainably scaling up its Agri based food business in the country,” said PepsiCo’s CEO Ahmed Elsheikh.

Just before the second ceremony for projects worth Rs 65,000 crore by the Uttar Pradesh government, Ahmed Elsheikh stated that the company is committed to bring FDI to contribute to the ‘New India’s’ vision of USD $5 trillion economy and is excited to be the part of the ceremony.      

Elsheikh also stated that PepsiCo’s journey in India started with Uttar Pradesh 30 years ago. He also claimed that his company is working closely with farmers from past 30 years which further strengthened the relationship of Uttar Pradesh with the company.

He claimed that the company is working with over 24,000 farmers across 13 states in India.

In 2018, PepsiCo stated that it is planning to invest $5 million (Rs 36.6 crore) by 2020 in India for developing its agricultural programmes in the country. The company at present is working with the farmers to grow rice, potato, corn etc. for its products – Uncle Chipps, Lays Kurkure Snacks and Tropicana juice.

The second ceremony for projects worth Rs. 65,000 crores is about to happen in Uttar Pradesh. Union Home Minister Amit Shah will inaugurate the ceremony, officials said on Sunday. The state government reportedly will hold a CEO round table and series of meeting during the ceremony.

One District One Product (ODOP) is one of the top priority initiatives of the Yogi government. The government is promoting traditional industries to give local economy a boost which would eventually create jobs.

Last year, Global VP of sustainable agriculture, PepsiCo – Christine Daugherty stated, “The company has plans to double the collaborative farming network in the next five years, including expansion to new geographies.”

PepsiCo is also working for providing digital technology to the farmers. Daugherty also stated that the company is connecting farmers to the apps which will give them information about the weather info, pest management etc.

Tags: PepsiCo

Recent Posts

Women in Politics: The Challenge of Gender Representation in Haryana

Gender representation in Indian politics has been discussed and debated for years. While progress has…

2 days ago

MS Swaminathan: A Legacy of Agricultural Transformation

Mankombu Sambasivan Swaminathan, known as MS Swaminathan, breathed his last on the morning of 28th…

2 days ago

India’s Financial Revolution: Unfolding Game-Changing Reforms for 2023 and Beyond

India is indeed a rapidly growing economy, and its financial landscape is evolving to meet…

4 days ago

The Remarkable Rise of Afghanistan’s Currency Amidst Turmoil

In an unexpected turn of events, the currency of Taliban-controlled Afghanistan has emerged as the…

4 days ago

Quad Foreign Ministers Reaffirm Commitment to Indo-Pacific Stability and UN Principles

On the sidelines of the 78th session of the United Nations General Assembly, the foreign…

1 week ago

Cauvery Water Dispute: Supreme Court Declines Intervention Amidst Brewing Tensions

In a recent turn of events, the age-old Cauvery water dispute between the southern Indian…

1 week ago