PepsiCo becomes first company to use inland waterways for container movement

Food and beverages major PepsiCo India Monday said it has become the first company to use the country's inland waterways for container movement by transporting products from its plant in Kolkata to Varanasi.

Prime Minister Narendra Modi Monday inaugurated India's first multi-modal terminal on the Ganga river in his parliamentary constituency at Varanasi and received the country's first container cargo transported on inland waterways from Kolkata.

Commenting on the development, PepsiCo India President and CEO Ahmed El-Sheikh, who was present on the occasion, said: "This is a significant milestone in the development of the inland waterways and we believe this can be a huge enabler for the consumer goods industry."