business / news / / Business Standard
India's growing consumer market and improving manufacturing ecosystem are encouraging global FMCG firms to move beyond selling and start making locally.
PepsiCo will invest up to ₹5,700 crore in new Indian manufacturing by 2030.
KEY POINTS
- Coca-Cola bottlers have committed nearly ₹25,760 crore to new and expanded production across nine Indian states.
- Global FMCG giants are shifting from manufacturing for tax reasons to manufacturing for exports from India.
- India is evolving into a key export and regional manufacturing hub for FMCG, not just a consumption market.
- India's improved logistics post-GST and raw material abundance are driving this expanded manufacturing push.
COMPANIES
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