PepsiCo plans new snacks line in Bengal

Image
Press Trust of India Kolkata
Last Updated : Feb 07 2019 | 1:45 PM IST

PepsiCo India plans to expand its operations in West Bengal with a new production line at its snacks manufacturing facility in the state.

The company which has shied away from disclosing the investment figures for the installation of its additional snack line, said in a press release on Thursday, that it will increase the sourcing of potatoes by 50 per cent from the state.

When contacted, a PepsiCo official declined to divulge the investment figure saying he was not authorised to speak.

The beverages to snacks MNC said the company plans to double its snacks business in India by 2022, the release said.

The company also has the potential to generate over 300 additional employment opportunities in the state, the release said.

The PepsiCo announcement came at a time when the city is hosting the Bengal Global Business Summit.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 07 2019 | 1:45 PM IST

Next Story