PepsiCo India has announced that it will invest Rs 778 crore to set up its first food manufacturing plant in Assam. The plant will be located in Nalbari district and will be spread over 44.2 acres. It is expected to be operational by 2025 and will create direct and indirect employment opportunities for 500 people.
The plant will produce a variety of food products, including Lay’s potato chips, Kurkure snacks, and Quaker Oats. It will also source potatoes from local farmers, helping to boost the agricultural economy of the state.
This is a major investment by PepsiCo in Assam and is a sign of the company’s commitment to the state. It is also a boost to the food processing industry in the North East region.
The plant is expected to create a ripple effect in the economy of Assam, generating employment opportunities, boosting agricultural production, and attracting investment from other companies. It is a welcome development for the state and will help to improve the lives of the people of Assam.
Here are some of the benefits of this investment:
It will create direct and indirect employment opportunities for 500 people.
It will boost the agricultural economy of the state by sourcing potatoes from local farmers.
It will help to attract investment from other companies to the state.
It will generate revenue for the state government.
It will improve the lives of the people of Assam by providing them with more jobs and opportunities.