Varun Beverages Deal With Pepsico

Varun Beverages starts production of soft drinks at Gorakhpur facility

Varun Beverages, leading bottler of beverage major PepsiCo, on Saturday said it has started commercial production of soft drinks and energy drinks from its production facility at Gorakhpur, Uttar Pradesh. The Jaipuria family-promoted firm will also start juices and value-added dairy products from the Gorakhpur facility, Varun Beverages Ltd (VBL) said in a regulatory filing. "Our company has today started commercial production of carbonated soft drinks & energy drinks (juices and value added dairy products to be started) at its production facility at Gorakhpur, Uttar Pradesh," it said. VBL said it is investing about Rs 1,100 crore for the greenfield project. In its latest annual report statement, VBL said it is expanding production capacities in the juices and value-added dairy products segments in 2024. VBL operates across six countries. Three markets of the Indian Subcontinent -- India, Sri Lanka, and Nepal contributed 83 per cent of its net revenues, while three African ...

PepsiCo India to invest Rs 1,266 crore to set up flavour facility in MP

PepsiCo India on Tuesday said it will invest Rs 1,266 crore to set up a flavour manufacturing facility at Ujjain in Madhya Pradesh as part of its expansion plans in the country. The plant spread over 22 acres, will play a significant role in scaling up PepsiCo's beverage production in India, generating employment and positively impacting the local economy, the company said in a statement. The construction of the upcoming plant is slated to start in 2024 and is expected to be operational in the first quarter of 2026, it added. "With support from the government of Madhya Pradesh, we aim to strengthen our footprint while driving impactful progress in enhancing the socio-economic landscape of the region," PepsiCo India & South Asia CEO Jagrut Kotecha said. PepsiCo India Senior Vice President, Beverages George Kovoor said the new unit will be the company's second flavour manufacturing facility in India. "We aim to ramp up the production of our beverages to meet the rising demand in the

Varun Beverages to expand capacities of juices, value-added dairy items

Varun Beverages, leading bottler of beverage major PepsiCo, is expanding its production capacities in the juices and value-added dairy products segments in 2024, according to the latest annual report of the company. Besides, Varun Beverages Ltd (VBL) is strengthening its distribution network and chilling infrastructure, which is essential to enhance presence in the existing and under-penetrated markets, its promoter & Non-Executive Chairman Ravi Jaipuria told shareholders. "Central to our expansion strategy for CY 2024 is the further development of manufacturing facilities, with a focus on adapting to evolving consumer preferences and market trends. We are particularly concentrating on increasing our production capacities in the juices and value-added dairy products segments," he said. The company operates across six countries. Three markets of the Indian Sub-continent, India, Sri Lanka and Nepal, contributed 83 per cent of its net revenues, while three African countries, Morocco,

Expansion, product mix to fizz up Varun Beverages' volumes and margins

Energy drink Sting help drive realisations of Pepsi bottler in Q3CY22

PepsiCo to invest over Rs 1,000 crore in Gorakhpur greenfield project

GIDA will allot 45 acres to the company for the plant, which will generate about 1,500 jobs

Pepsi's bottling partner Varun Beverages raises Rs 900 cr via QIP

The company said the QIP issue opened on September 3, 2019 and closed on September 6, 2019

Varun Beverages buys two more PepsiCo bottling units

Varun Beverages now operates 22 bottling units for the Cola major - 18 in India and four in Nepal, Sri Lanka, Morocco and Zambia