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Varun Beverages planning to set-up greenfield production facility in Punjab

05 Apr 2018 Evaluate

Varun Beverages is planning to set-up a greenfield production facility (subject to receipt of necessary approvals) to create in-house production capacity for Tropicana fruit juices, Quaker Oats Milk based Beverages and Gatorade. The foundation stone for this new production facility is being laid by Chief Minister of Punjab at Pathankot on April 5, 2018.

Spread over approximately 41 acres in Pathankot district of Punjab, it will be the first fully backward integrated facility in India to manufacture the complete range of above products including CSD at a single location. The expansion is to take advantage of the growing demand of Juice Based beverages for health conscious consumers.

Varun Beverages is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world (outside USA).


Peers
Company Name CMP
Nestle India 1320.00
Varun Beverages 430.00
Britannia Industries 4757.95
LT Foods 405.25
Hatsun Agro Product 1129.90
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