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CURRENT AFFAIRS
Description
PepsiCo India will invest Rupees 1,266 crore to build a modern flavor manufacturing facility in Ujjain, Madhya Pradesh. This factory, set to open in the first quarter of 2026, is a watershed moment for both PepsiCo and the local economy.
Key Highlights
Economic Impact And Job Creation
The creation of this plant is expected to offer significant employment opportunities, hence strengthening the local job market.
It is projected to boost the regional economy, promoting growth and development in Ujjain and the neighboring districts.
Sustainable practices
The plant will be outfitted with cutting-edge technologies designed to optimize water usage and replenishment.
PepsiCo intends to achieve an amazing 90% overall water efficiency and refill 100% of the water used within the facility, demonstrating its commitment to sustainability.
Environmental Conservation
Embracing renewable energy sources, the facility will run entirely on clean energy, greatly lowering its carbon footprint.
The company anticipates reducing carbon emissions by 1.9 metric tonnes per day, which will help with environmental conservation efforts.
PepsiCo's investment demonstrates the company's commitment to innovation, sustainability, and community development, and it represents a key milestone in India's beverage and packaged goods business.
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