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Varun Beverages—the PepsiCo bottling plant to come up in Prayagraj, Uttar Pradesh

Nand Gopal Gupta “Nandi”—the Uttar Pradesh Minister for industrial development, export promotion, NRI and investment promotion, has stated that Varun Beverages—the second largest bottling company of PepsiCo’s beverages in the world outside the US—is very soon going to set up its plant in Saraswati Hi-Tech City in Naini in Prayagraj.

This, he said, was a part of the state government’s efforts to revive and develop the Naini Industrial Area of Prayagraj. “For this, the company will invest Rs. 1,000 crores and directly provide employment to around 3,000 people”.

The Saraswati Hi-Tech City is being developed as an Industrial Model Township in Naini with separate industrial, residential, and commercial sectors by the Uttar Pradesh State Industrial Development Authority (UPSIDA). It has been envisaged as a non-polluting industrial, residential, commercial, institutional, and sports sector”, he said.

The minister said that the allotment letter will be given to Varun Beverages (a Pepsi Company) soon and, on receiving the allotment letter, the company will start the work of setting up the plant after performing the ground-breaking ceremony.

In the ground-breaking ceremony itself, an investment of Rs. 2,000 crore was committed by Varun Beverages in Uttar Pradesh. Fulfilling this commitment, Varun Beverages applied for setting up a plant in the Bargarh area of Mau tehsil in Chitrakoot district with an investment of Rs. 496.57 crores.

Taking quick action on this, the Prayagraj regional office of UPSIDA allotted 68.73 acres of land to Varun Beverages within 15 days. More than 1200 people will get employment with the establishment of PepsiCo’s plant in Bargarh in Chitrakoot, officials said.

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