Food and beverages major PepsiCo, which is setting up a mega food manufacturing plant in Uttar Pradesh, on Saturday said it is committed to scale up the agri-food business in the country.
Ahead of the Uttar Pradesh government's second ground-breaking ceremony for projects worth Rs 65,000 crore, PepsiCo India President and CEO Ahmed ElSheikh said in a statement that the company will bring in foreign direct investment to power the USD 5 trillion economy vision of a 'New India'.
"PepsiCo in India remains Committed to sustainably scaling up its agri based food business in the country," said the statement posted on a twitter handle of the UP government.
ElSheikh further said: "Our relationship with India is 30 years strong and our journey here began from the state of Uttar pradesh. Our bond with the country's farmers also dates 30 years... Today we work closely with over 24,000 farmers across 13 states, which includes Uttar Pradesh."
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