The Uttar Pradesh government, through its investment promotion agency Invest UP, has been successful in attracting beverage industrial units in Gorakhpur, Amethi, Prayagraj and Chitrakoot. Varun Beverages Ltd, all India franchisee of PepsiCo, has been allotted land in these districts through a 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. The company proposes to invest Rs 1071. 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.

Source: Economic Times September 23, 2022 19:05 UTC