date:Feb 18, 2016
Beverage company PepsiCo has entered into a Memorandum of Understanding (MoU) with Maharashtra state in India to support fruit processing and horticulture as part of its Rs330bn ($4.8bn) investment plan in the country by 2020.
Under the MOU, PepsiCo would continue to work with local farmers to improve crop yields and help revolutionise fruit processing industry with other initiatives.
The company plans to launch several juices from locally-sourced fruits such as mango, guava, litchi, jamun and