Correct Answer : PepsiCo India
In a significant move, PepsiCo India announces a massive investment of ?1,266 crore to establish a cutting-edge flavour manufacturing facility in Ujjain, Madhya Pradesh.
Scheduled to commence operations in the first quarter of 2026, this plant marks a pivotal moment for both PepsiCo and the local economy.
Key Highlights :
1. Economic Impact and Job Creation :
* The establishment of this facility is poised to generate substantial employment opportunities, bolstering the local job market.
* It is expected to positively impact the regional economy, fostering growth and development in Ujjain and its surrounding areas.
2. Sustainable Practices :
* The plant will be equipped with state-of-the-art technologies aimed at optimizing water usage and replenishment.
* PepsiCo aims to achieve an impressive 90% overall water efficiency and to replenish 100% of the water utilized within the facility, emphasizing its commitment to sustainability.
3. Environmental Conservation :
* Embracing renewable energy sources, the facility will operate entirely on sustainable power, significantly reducing its carbon footprint.
* The company anticipates a substantial reduction of 1.9 metric tonnes of carbon emissions per day, contributing to environmental conservation efforts.
PepsiCo’s investment underscores its dedication to innovation, sustainability, and community development, marking a significant milestone in the beverage and packaged foods industry in India.