(20 second reading) Varun Beverages, leading bottler of beverage major PepsiCo has started commercial production of soft drinks and energy drinks from its production facility at Gorakhpur, Uttar Pradesh.
The Jaipuria family-promoted firm will also start juices, energy drinks and value-added dairy products from the Gorakhpur facility.
VBL said it is investing about Rs 1,100 crore for the greenfield project.
VBL operates across six countries. Three markets of the Indian Subcontinent — India, Sri Lanka, and Nepal contributed 83 per cent of its net revenues, while three African countries — Morocco, Zambia, and Zimbabwe — contributed the remaining 17 per cent in 2023.