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PepsiCo to increase investment in UP from Rs 500 crore to Rs 800 crore

Minister Siddharth Nath Singh said that many US companies have agreed to invest in the state

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PepsiCo has also decided to procure 118,000 tones potato from the farmers of Mathura and Kosi region

Siddharth Kalhans Lucknow
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,

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