Uncategorized
PepsiCo commissions a US$12 million water bottling plant, plans massive Zim expansion
NewsDay Staff ·
BY SHAME MAKOSHORI
ZIMBABWE’S fastest growing beverages maker, Varun Beverages announced a massive expansion strategy on Wednesday, as it commissioned a US$12 million water bottling plant at its Harare operation.
Varun is holds the Pepsico franchise in Zimbabwe.
The new 400 bottle – per minute line brought the firm’s cumulative investment in Zimbabwe to US$66 million, according to its billionaire Indian chairman, Ravi Jaipuria who spoke exclusively to NewsDay Business after commissioning the line.
This story is for NewsDay subscribers.