PepsiCo to invest US$516.5M in India by 2030 to expand snacks, beverage manufacturing  

INDIA – PepsiCo has announced plans to invest up to Rs 5,700 crore in India by 2030 as the global food and beverage giant accelerates expansion of its manufacturing footprint across the country. 

The investment will primarily support growth in its foods business through new facilities in Madhya Pradesh, Assam and Tamil Nadu.  

Speaking to reporters, PepsiCo India and South Asia Chief Executive Officer Jagrut Kotecha said India remains one of PepsiCo’s top 13 global markets and continues to offer significant long-term growth opportunities.  

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

The planned investment includes a concentrates manufacturing facility in Madhya Pradesh and snacks production plants in Assam and Tamil Nadu. According to Kotecha, some of the projects are nearing operational launch.  

“Some of this is going live in the next few months, like the concentrates plant in Madhya Pradesh, Northeast plant in Assam,” he said.  

He added that PepsiCo recently acquired land in Tamil Nadu to strengthen its snacks manufacturing operations 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,” Kotecha stated.  

PepsiCo India reported a profit after tax of Rs 905 crore (US$93.49M) for the 12 months ended December 2025, while total revenue reached Rs 9,789 crore (US$1.01B). The company said strong demand in the food segment continued to support growth momentum in the Indian market.  

Kotecha noted that India remains a strategic market due to rising incomes, economic stability and expanding consumer demand.  

“India is a market of potential because there is still a huge opportunity to grow here,” he said, citing the country’s growing economy and investment-friendly environment.  

PepsiCo India and South Asia Chief Financial Officer Savitha Balachandran said the company recorded robust performance in 2025 despite softer conditions in the beverage category.  

“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,” Balachandran said.  

She added that PepsiCo entered 2026 with a strong balance sheet and more than Rs 1,600 crore (US$165.28M) in cash reserves, positioning the company for continued long-term investment and disciplined growth.  

Sign up HERE to receive our email newsletters with the latest news and insights from Africa and around the world, and follow us on our WhatsApp channel for updates.