date:Dec 27, 2013
PepsiCo India announced plans to build a new greenfield beverage manufacturing plant in Sri City, Andhra Pradesh, to be the company's largest beverage plant in India.
PepsiCo intends to invest more than Rs 1,200 crores in the project as part of the company's plans to invest Rs 33,000 crores (USD $5.5 billion) in India by 2020.
The plant will manufacture a range of beverages, including fruit juice based drinks, carbonated soft drinks and sports drinks. The plant's state-of-the-art technologies