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.

Discover more from Newsday

Subscribe now to keep reading and get access to the full archive.

Continue reading