PepsiCo to Invest ₹5,700 Crore in India by 2030: New Plants to be Set Up in Madhya Pradesh, Assam, and Tamil Nadu; Focus on Expanding Food and Snacks Business

PepsiCo, a global giant in the food and beverages sector, is set to invest ₹5,700 crore in India by the year 2030. The company intends to utilize this capital primarily to enhance the manufacturing capacity of its foods business.

This information was shared by Jagrut Kotecha, CEO of PepsiCo India and South Asia, during an interaction with the media on Tuesday. For PepsiCo, India ranks among the top 13 markets globally, a factor that has prompted the company to continuously expand its footprint in the country.

Plants to be Established in Madhya Pradesh, Assam, and Tamil Nadu

CEO Jagrut Kotecha stated that this investment of ₹5,700 crore—earmarked for the period between 2025 and 2030—will be channeled primarily into three states across the country: Madhya Pradesh, Assam, and Tamil Nadu.

A significant portion of these funds is being allocated toward a concentrates plant currently under construction in Madhya Pradesh, as well as snacks manufacturing plants slated for establishment in Assam and Tamil Nadu.

Two Major Plants to Go Operational in the Coming Months

The company’s expansion plans are rapidly taking shape on the ground. According to CEO Kotecha, several of these projects are set to go live (commence operations) within just the next few months. The concentrates plant in Madhya Pradesh and the plant in the northeastern state of Assam are expected to become fully operational within this timeframe. Furthermore, the company has also laid the groundwork to establish a substantial footprint for its snacks business in South India.

Building a Major Snacks Market in South India

PepsiCo has taken concrete steps in Tamil Nadu to solidify its presence and market dominance in South India. Kotecha revealed that the company has recently concluded the land acquisition process in Tamil Nadu. A large snacks manufacturing plant will be established on this land, which will enable the company to significantly expand its footprint within the South Indian market.

Why India? Rising Incomes and Political Stability

Elaborating on the rationale behind investing in India, Jagrut Kotecha stated that PepsiCo views India as a robust market with immense potential, given that substantial opportunities for growth still exist here.

He identified the country’s continuously rising disposable incomes—along with India’s political and economic stability—as the primary drivers behind this decision. As a stable nation, India offers a significantly smoother pathway for foreign investment.

Company Achieves Double-Digit Growth for the Second Consecutive Year

Commenting on the company’s performance in 2025, the CEO noted that, for the second consecutive year, PepsiCo has achieved strong double-digit growth within the Indian market.

According to figures for the 12-month period ending December 2025, PepsiCo India recorded a net profit of ₹905 crore against a total revenue of ₹9,789 crore.

Food Segment Grows by 11%, Beverages Face Challenges

Savita Balachandran, CFO of PepsiCo India and South Asia, shared further details regarding the financial results. She highlighted that during 2025, the Food segment delivered an exceptional performance, registering robust growth of approximately 11%. Conversely, however, the Beverages segment encountered certain challenges.

CFO Balachandran noted that adverse weather conditions led to a noticeable slowdown in the beverages market. Additionally, market competition intensified significantly during this period. Nevertheless, she affirmed that, taken together, both of the company’s segments delivered a strong and commendable overall performance.

Strong Balance Sheet; Focus on Long-Term Investment

Riding on this strong momentum from 2025, the company has now entered the new year, 2026. According to CFO Savita Balachandran, the company’s balance sheet currently appears quite robust and healthy. PepsiCo’s books currently hold a substantial cash balance exceeding ₹1,600 crore.

Regarding future plans, she stated that the company would strictly maintain financial discipline to ensure that neither the quality nor the pace of its growth is compromised. The company’s entire focus will now be directed toward making continuous investments with a view toward its long-term future.