Pepsico to increase snacks production capacity in India

Buoyed by the growing demand of its snacks, Pepsico India Holdings is increasing production across its various plants by one third of its current capacity in India in the next 18 months.

"There has been a growing demand for our products and we will increase our capacity by one-third of our current production in the next 18 months,"Pepsico India Holdings MD (Fritolay Division) Gautham Mukkavilli told media.

While he declined to comment on Fritolay's current production capacity, industry sources put the figure at 80,000 tons per annum.

Mukkavilli said the hike in capacity would be across its various plants in Punjab, Pune and co-packing facility at Faridabad but declined to comment on the investments for the capacity hike.