Food and beverages major PepsiCo will invest up to Rs 5,700 crore in India by 2030, with the planned spending largely aimed at expanding manufacturing capacity across its foods business, PTI reported.
The investment will primarily support facilities in Madhya Pradesh, Assam and Tamil Nadu as the company looks to strengthen its footprint in one of its key global growth markets.
India and South Asia CEO Jagrut Kotecha said the company remains committed to long-term growth in the country.
"We are committed, and as a result, from 2025 to 2030, we have committed almost Rs 5,700 crore of investments," Kotecha said.
He said the investments will mainly go towards a concentrates plant in Madhya Pradesh and snacks manufacturing facilities in Assam and Tamil Nadu.
"The investment is primarily for the concentrates plant in Madhya Pradesh and snacks plants in Assam and Tamil Nadu," he said.
Kotecha added that some of the projects are nearing operationalisation.
"Some of this is going live in the next few months, like the concentrates plant in Madhya Pradesh, Northeast plant in Assam," Kotecha said.
He also highlighted the company's plans in southern India.
"The land purchase, which we have just done recently in Tamil Nadu, will allow us to open a massive footprint in the South for our snacks business," he said.
India continues to remain among PepsiCo's top 13 markets globally and offers significant growth opportunities, driven by rising incomes and a stable investment environment, according to Kotecha.
"PepsiCo looks at India as a market of potential because there is still a huge opportunity to grow here," he said.
Commenting on performance, Kotecha said PepsiCo had delivered strong growth momentum.
"For the second year in a row, we have got strong double-digit growth," he said.
PepsiCo India and South Asia CFO Savitha Balachandran said the company saw strong traction in its foods segment during 2025.
"On the food side of the business we witnessed very robust growth of about 11 per cent," she said.
She added that the beverages segment faced weather-related challenges and rising competition.
"On the beverages side, it was a market where we did see some headwinds as far as the weather was concerned. We did see some softness impact," she said, adding that competition intensity went up "quite a bit".
"Both segments of the business, I would say, performed really well and strongly for us" She said.
PepsiCo India reported a profit after tax of Rs 905 crore for the 12 months ended December 2025 on total revenue of Rs 9,789 crore. The company also entered 2026 with more than Rs 1,600 crore in cash reserves, with investments expected to remain a key area of focus.
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