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PepsiCo commissions India's largest greenfield plant worth Rs 81.4 mln

Zoom in font  Zoom out font Published: 2021-09-18  Origin: business-standard.com
Core Tip: Uttar Pradesh chief minister Yogi Adityanath has inaugurated the largest greenfield potato chips plant from PepsiCo in India, at Mathura.
Uttar Pradesh chief minister Yogi Adityanath has inaugurated the largest greenfield potato chips plant from PepsiCo in India, at Mathura. The project called for an investment of Rs 81.4 mln (€977,000). The PepsiCo unit in Kosi Kalan, Mathura, will procure 150,000 tons of locally grown potatoes. This will benefit more than 5,000 farmers and create 1,500 direct and indirect job opportunities.

The company will also commission a state-of-the-art cold storage warehouse for an improved supply chain. The cold storage technology will increase the shelf life of potatoes substantially, PepsiCo said.

Adityanath noted that PepsiCo plant was an example of a partnership between the state and the private sector investor for the welfare of farmers: “The state government framed the policies, while the private investor has taken it further by setting up the plant. This will ultimately benefit the state farmers and they will get lucrative prices for their farm produce.”

 
 
 
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