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PepsiCo to invest Rs 5,700 crore in India by 2030 to expand food business
Snacks and concentrates plants in Assam, Tamil Nadu and MP anchor growth push
NEW DELHI: PepsiCo plans to invest nearly Rs 5,700 crore in India by 2030 as the global food and beverage giant sharpens its focus on expanding manufacturing capacity and strengthening its snacks business in one of its fastest-growing markets.
The company said the investments will primarily go towards three manufacturing facilities across Madhya Pradesh, Assam and Tamil Nadu.
Speaking to reporters, PepsiCo India and South Asia CEO Jagrut Kotecha said the company continues to view India as a high-potential growth market and one of PepsiCo’s top 13 global markets.
“We are committed, and as a result, from 2025 to 2030, we have committed almost Rs 5,700 crore of investments,” Kotecha said.
According to Kotecha, the investments will largely support a concentrates plant in Madhya Pradesh along with snacks manufacturing facilities in Assam and Tamil Nadu.
“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 the company’s recent land acquisition in Tamil Nadu would help establish a major manufacturing base for its snacks business in southern India.
PepsiCo India posted a profit after tax of Rs 905 crore in the 12 months ended December 2025, while total revenue stood at Rs 9,789 crore.
The company said strong demand in the foods segment continued to drive growth momentum.
Commenting on business performance, PepsiCo India and South Asia CFO Savitha Balachandran said the foods division recorded robust growth of around 11 per cent during 2025.
She noted that the beverages business faced weather-related softness and heightened competition during the year, though overall performance remained resilient.
“Both segments of the business, I would say, performed really well and strongly for us,” Balachandran said.
The company also said it entered 2026 with a healthy balance sheet and more than Rs 1,600 crore in cash reserves, giving it room to continue investing while maintaining financial discipline.
For PepsiCo, India’s appetite clearly extends beyond fizzy drinks. Increasingly, the real crunch appears to be coming from snacks.
