PepsiCo India announced plans to invest $71 million over three years to set up a greenfield snacks manufacturing plant in India’s northern state of Uttar Pradesh. The new investment plan aligns with PepsiCo’s goal to double its snacks business in the country by 2022.
The project will entail ‘backward integration’ with local farmers and will further support them with agricultural best practices. To strengthen the supply chain, the company will set up a cold storage facility which will “give an impetus to the development of ancillary and other support industries in the state” said Ahmed ElSheikh, president and CEO, PepsiCo India.
PepsiCo India’s ‘Agri’ program presently benefits over 24,000 farmers across 14 states through various agricultural and sourcing initiatives. Through its 360-degree farmer connect initiatives for potato cultivation, the company provides technical know-how, training, and proprietary seed varieties, advanced plant protection programs, soft loans, and assured buy-back with reasonable returns.
Last updated: December 26th, 2025
