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PepsiCo plans new snacks line in Bengal

Business Finance

Press Trust of India  |  Kolkata 

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.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Thu, February 07 2019. 13:45 IST