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Varun Beverages inks MoU with Government of Jharkhand

20 Dec 2023 Evaluate

Varun Beverages has signed a Memorandum of Understanding (MoU) with Government of Jharkhand on December 18, 2023 for its proposed manufacturing plant in Patratu, Jharkand with a total capital outlay of around Rs 450 crore (subject to necessary approvals) when fully commissioned in due course.

Varun Beverages is franchisee of CSDs and NCBs sold under trademarks owned by PepsiCo in India and internationally.

Peers
Company Name CMP
Nestle India 1190.00
Varun Beverages 413.85
Britannia Industries 4688.00
LT Foods 383.30
Hatsun Agro Product 997.00
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