PepsiCo India to invest Rs 5,700 cr by 2030 on capacity expansion
Food and beverages major PepsiCo will invest up to Rs 5,700 crore in India by 2030, mainly to ramp up the manufacturing capacity of its foods business, its India and South Asia CEO Jagrut Kotecha said on Tuesday.
PepsiCo India, which posted a profit after tax of Rs 905 crore in the 12 months ended December 2025 with a total revenue of Rs 9,789 crore, will invest mainly in three manufacturing facilities in Madhya Pradesh, Assam and Tamil Nadu, he told reporters in an interaction here.
India, being one of the top 13 markets for PepsiCo, continues to commit and invest, he said. “We are committed, and as a result, from 2025 to 2030, we have committed almost Rs 5,700 crore of investments,” Kotecha said.
The investment is primarily for the concentrates plant in Madhya Pradesh and snacks plants in Assam and Tamil Nadu, he added.
“Some of this is going live in the next few months, like the concentrates plant in Madhya Pradesh, Northeast plant in Assam,” Kotecha said. He further said, “The land purchase, which we have just done recently in Tamil Nadu, will allow us to open a massive footprint in the South for our snacks business”. PepsiCo looks at India as a market of potential because there is still a huge opportunity to grow here, Kotecha said, citing reasons like growing income and a “stable country which allows investments to come in”. Commenting on the company’s performance in 2025, he said, “For the second year in a row, we have got strong double-digit growth”.
PepsiCo India and South Asia CFO Savitha Balachandran said that in 2025, the company witnessed very robust growth in the food segment of the business with about 11 per cent. “On the beverages side, it was a market where we did see some headwinds as far as the weather was concerned. We did see some softness impact,” she said, adding that competition intensity went up “quite a bit”.
She, however, said, “Both segments of the business, I would say, performed really well and strongly for us”.
The company has entered 2026 on the momentum of 2025, with the balance sheet “looking extremely healthy”, with “over Rs 1,600 crore of cash on books”, and investment will be an area of focus, keeping the long-term future in mind while maintaining financial discipline to maintain the trajectory and quality of growth.
