PepsiCo India will invest $24 million to expand its manufacturing facility in Kosi Kalan, Mathura, which currently produces Lay’s potato chips, by introducing a new manufacturing line to produce snacks under its Doritos brand.
Over 1,500 direct and indirect jobs will be created as a result of the plant expansion, as well as farming partnerships with over 5,000 local potato farmers in Uttar Pradesh.
According to Ahmed ElSheikh, president of PepsiCo India, the progressive ecosystem and industrial climate in Uttar Pradesh have yielded some fantastic opportunities for PepsiCo India.
He attributed the setting up their greenfield food plant in Kosi in less than two years to the state’s industry-friendly policies and ease of doing business in the state.