The agreement was signed after Pepsico chair Indra Nooyi met Maharashtra Chief Minister Devendra Fadnavis here today, Pepsico said in a statement.
The company already runs a partnership in the state under which it has invested Rs 180 crore in a citrus processing facility.
"We are committed to invest further in the state's progress with increased agricultural sourcing. As part of our continued commitment to Maharashtra, we have invested Rs 180 crore in a citrus processing facility at Nanded.
The company has not shared details of how much more it will investment in the skilling programme.