The PepsiCo has announced to set up a greenfield potato chips production unit in Uttar Pradesh with an investment of Rs. 814 crore.
- The unit is being set up in Kosi – Mathura on 35 acres of land provided by UP State Industrial Development Authority (UPSIDA).
- The unit will facilitate direct and indirect employment to about 1,500 patrons.
- Farmers of central UP which is considered the potato belt of state have been demanding for such food processing unit from decades.
- MoU was signed by PepsiCo to set up this project at UP Investors Summit-2018 and the project started with the arrangement of land at the ground breaking ceremony held in July 2019.
- This is the first time that PepsiCo is setting up a greenfield project in state itself.
(Source: AIR)
