New Delhi: Global beverages and snacks major PepsiCo today said it will invest Rs 33,000 crore in India by 2020 to ramp up operations.
The company, which has so far invested $2 billion in India since its entry in 1989, said the investment that it is going to make will strengthen its capability in various strategic areas including innovation, manufacturing, infrastructure and agriculture.
The company said it will continue to expand the range of foods and beverages in its portfolio to cater to the wide and evolving needs of Indian consumers.
It also said it ramping up its selling and delivery infrastructure throughout the country, with a particular focus on rural market expansion. The company will also implement state-of-the-art technologies to further reduce energy, packaging and water use in their operations.
