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Pepsi, Bottlers Plan Rs 450 Crore Capacity Expansion

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Parul Gupta BUSINESS STANDARD

Pepsi Foods and its bottlers are planning to invest over Rs 450 crore to expand their capacity.

While Pepsi is planning to invest Rs 250 crore in bottling, packaging and distribution, the bottlers, led by the Jaipurias, plan to invest another Rs 200 crore to raise their bottling capacity.

The investments will see about 20 new lines for Pepsi coming up in the country, at least 10 of which will be owned by the bottlers.

The company is scouting for sites to locate the new lines, Pepsi sources said adding that it has already initiated talks with machine suppliers for these new lines.

 

A Pepsi spokesperson said:

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First Published: Jun 10 2003 | 12:00 AM IST

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