PepsiCo to invest USD 665 million in India foods manufacturing by 2030

PepsiCo plans to invest up to Rs 5,700 crore (USD 665 million) in India by 2030, mainly to expand the manufacturing capacity of its foods business. The investment will focus primarily on three manufacturing facilities located in Madhya Pradesh, Assam and Tamil Nadu.

PepsiCo India and South Asia CEO Jagrut Kotecha stated that the investment programme will support concentrates production in Madhya Pradesh and snacks manufacturing operations in Assam and Tamil Nadu.
 

Expansion of Manufacturing Operations

Part of the investment programme is expected to become operational within the next few months, including the concentrates plant in Madhya Pradesh and the Northeast manufacturing plant in Assam.

PepsiCo also recently completed land acquisition in Tamil Nadu to support further expansion of its snacks business footprint in southern India.

Jagrut Kotecha, Chief Executive Officer of PepsiCo India and South Asia:

"We are committed, and as a result, from 2025 to 2030, we have committed almost Rs 5,700 crore of investments."

Growth in India

PepsiCo identified India as one of its top 13 global markets and highlighted continued growth opportunities linked to rising incomes and investment conditions in the country. The company reported strong double-digit growth for the second consecutive year in 2025.

Savitha Balachandran, Chief Financial Officer of PepsiCo India and South Asia:

"Both segments of the business, I would say, performed really well and strongly for us."

2025 Financial Performance

PepsiCo India reported a profit after tax of Rs 905 crore (USD 106 million) during the 12 months ended December 2025, with total revenue reaching Rs 9,789 crore (USD 1.14 billion).

The company also stated that its balance sheet entered 2026 in a strong position with more than Rs 1,600 crore (USD 187 million) in cash reserves while continuing to prioritise long-term investment and financial discipline.