UP govt clears land hurdle for PepsiCo's Rs 500 crore plant in Mathura

The Uttar Pradesh government has cleared the land possession hurdle for global food and beverage major PepsiCo’s greenfield plant in Mathura district.

The company will invest more than Rs 500 crore in the proposed plant at Kosi, Mathura through the foreign direct investment (FDI) route and create nearly 1,500 direct and indirect jobs.

Earlier, the UP State Industrial Development Corporation (UPSIDC) had allotted 36 acres of land to the company. However, the local farmers had been agitating owing to their long pending demands and resisting the physical handover of a nearly 27 acres, thus delaying the starting of the project.