PM Modi's 'Make in India' campaign a step in right direction, says Indra Nooyi
"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," Nooyi told reporters on the sidelines of IIM Calcutta convocation here today.
About PepsiCo's plan for India, she said, "Almost everything we sell here is made in India. Yesterday, PepsiCo had inaugurated the country's largest beverage plant in Andhra Pradesh. [Narendra Modi rolls out red carpet for investors through ‘Make in India' campaign]
"We have just inaugurated the first phase of country's largest beverage plant in Sri city. I must say that 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.
About PepsiCo's vision for 2020 announced in 2013, under which the company would invest Rs 33,000 crore in the country, Nooyi said, "It is a huge amount of money and let us do it first."