City
Epaper

PepsiCo to set up 4 plants in UP

By IANS | Updated: September 23, 2022 08:50 IST

Lucknow, Sep 23 The Uttar Pradesh government, through its investment promotion agency Invest UP, has been successful in ...

Open in App

Lucknow, Sep 23 The Uttar Pradesh government, through its investment promotion agency Invest UP, has been successful in attracting beverages industrial units in Gorakhpur, Amethi, Prayagraj and Chitrakoot.

Varun Beverages Ltd, all India franchisee of PepsiCo, has been allotted land in these districts through fast-track mode for setting up their units for producing carbonated soft drinks, fruit pulp or juice-based drinks.

The company has proposed to invest Rs 3,740 crore in total in all the four plants with about 5,650 expected job opportunities.

Chief Executive Officer, Invest UP, Abhishek Prakash said: "Under the leadership of Chief Minister Yogi Adityanath and guidance of industrial development minister Nand Gopal Gupta 'Nandi', policy of fast-track land allotment and promotion of mega projects in the state are proving to be significant enablers in attracting investment in the state."

Additional Chief Executive Officer, Prathamesh Kumar said that Varun Beverages Ltd. has been allotted 45-acre land through fast-track mode in Narkatha village of Gorakhpur.

The company proposes to invest Rs 1071. 28 crore here with around 1,500 expected employment avenues.

With allotment of 68. 6-acre land in Bargarh Industrial Area in Chitrakoot, Varun Beverages Ltd has proposed to invest around Rs 496.57 crore with estimated jobs to the tune of 1,000.

Around 24.7-acre land has been allotted in Saraswati Hi-Tech City, Naini-Prayagraj and the investor has proposed to invest Rs 1,052.57 crore with 1,500 employment opportunities, while 26.1-acre area has been allotted in in Trishundi Industrial Area-Amethi, where proposed investment is Rs 1,119.59 crores with 1,650 expected jobs.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Varun beverages ltdPrathamesh kumargorakhpurlucknowPepsicoYogi AdityanathAjay bishtLok sabha member of parliamentLucknow kanpurLucknow municipalAdityanath yogiAdityanath jogi
Open in App

Related Stories

NationalLucknow: Fire Breaks Out at Sweet Shop in Chinhat, Two Rescued

NationalUttar Pradesh: Massive Fire Breaks Out at Garments Shop in Gorakhpur’s Golghar (Watch Video)

NationalLucknow: Fire Breaks Out at Bank of Baroda Branch on Mohan Road

NationalDeepotsav 2025 in Lucknow: Over 10,000 Volunteers Join Hands to Light 26 Lakh Lamps (Watch Video)

NationalUttar Pradesh Govt Announces 3% Hike in Dearness Allowance, Dearness Relief Ahead of Diwali

International Realted Stories

InternationalTalks on using Russian assets for Ukraine 'increasingly difficult: EU official

InternationalSouth Korea: Ex-military commander recants testimony on Yoon's alleged order to arrest lawmakers

InternationalUS Embassy in Bangladesh issues security alert, says demonstrations can escalate into violence

InternationalIndian diaspora in Jordan expresses pride after meeting PM Modi in Amman

InternationalCzech President appoints new cabinet