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The ‘Make in India’ campaign by Prime Minister Narendra Modi will help boost (domestic) manufacturing and lead to employment (generation) in the country, Indra Nooyi, Chairman and CEO, PepsiCo, said here in the city on Saturday.
Speaking to reporters ahead of IIM-Calcutta's 50th Convocation, Nooyi said: "(The) PM is absolutely right in saying Make in India, because ultimately we are trying to build a base in manufacturing and boost employment and that is very good."
According to her, "almost everything" that Pepsico sells "here" is made in India.
PepsiCo had, on Friday, inaugurated the country’s largest beverage plant in Andhra Pradesh.
Nooyi welcomed the support provided by the Andhra Pradesh Chief Minister, Chandrababu Naidu, in helping Pepsico set up the plant.
"I must say that the Andhra Pradesh government has been very supportive and Chief Minister Chandrababu Naidu has been simply fantastic in supporting us (in) providing the approval on time and helping in providing the right infrastructure... the environment is very friendly," she said.
Asked specifically about investments in the country, Nooyi reiterated PepsiCo’s vision for 2020 announced in 2013, under which the company would invest Rs 33,000 crore in the country.
"It is a huge amount of money and let us do it first," she said.
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