PepsiCo India has decided to increase its investment from Rs 500 crore to Rs 800 crore in Uttar Pradesh. This would provide direct and indirect employment to over 1500 people in the state.
The UP MSME and export promotion minister Siddharth Nath Singh while giving this information said that earlier PepsiCo was to invest Rs 500 crore in the potato chips plant at Mathura, which has been increased now. He said that many other US companies have agreed to invest in the state. While discussing on the investment opportunities in UP with the representatives of American Chamber of Commerce in India,