Wednesday, June 10

Three new manufacturing facilities anchor the US food giant’s biggest India capacity push in years.

PepsiCo will invest up to Rs 5,700 crore in India between 2025 and 2030. The money goes into manufacturing — a concentrates plant in Madhya Pradesh and snacks units in Assam and Tamil Nadu. Some facilities go live within months. A recent land acquisition in Tamil Nadu will support a large snacks operation in the south.

The numbers

PepsiCo India posted a profit after tax of Rs 905 crore for the year ended December 2025, on revenue of Rs 9,789 crore. Foods grew nearly 11%. Beverages faced weather-related and competitive pressures but held up. India ranks among PepsiCo’s top 13 markets globally.

Why now

The foods business is driving growth. Expanding manufacturing in the Northeast and South puts capacity closer to regional demand PepsiCo currently cannot serve efficiently. The Tamil Nadu land buy gives it room to build real scale in a market where it has historically been thinner than in the north.

Where things stand

CFO Savitha Balachandran said PepsiCo India enters 2026 with over Rs 1,600 crore in cash and a healthy balance sheet. CEO Jagrut Kotecha cited rising incomes and a stable economic environment as the reasons to go deeper into India now. The company has operated here for decades. This level of manufacturing commitment is a step up.

PepsiCo is headquartered in Purchase, New York, and operates in over 200 countries.

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