PepsiCo to Invest More Than $5 Billion in India

PepsiCo Inc., the world’s largest snack-food maker, will invest 330 billion rupees ($5.2 billion) with its partners in India by 2020 as it increases manufacturing capacity and adds new products.

The Purchase, New York-based company and its partners will ramp up investment in delivery infrastructure in the world’s second most populous nation with a focus on rural areas, according to a statement yesterday.