PepsiCo to expand Global Business Service Center in Hyderabad
Hyderabad/UNI: American Multinational food company PepsiCo on Tuesday announced it is planning to expand its Global Business Service center in Hyderabad of Telangana.
The Center, which started with just 250 people in 2019 has become 2800 strong now and plans to grow to 4000 employees within the next one-and-half years.
This was announced by Roberto Azevedo, EVP Corporate Affairs, PepsiCo, after meeting with Telangana Minister for Industries and Information Technology K T Rama Rao at Telangana Pavilion on the sidelines of World Economic Forum (WEF) and discussing the various plans of the company in the state.
KTR expressed happiness over the rapid growth of PepsiCo's Global Business Services Center in Hyderabad.
The Minister assured that the state government will extend all possible cooperation for all future investments of the company.
PePsiCo GBS is currently delivering critical products and solutions for the company operations and digitalising HR, and Financial Services of the company.
PepsiCo is keen to participate in sustainability initiatives in partnership with the Government of Telangana including improving water efficiency, recycling and reuse of plastics.
During the meeting, the manufacturing opportunities for popular PepsiCo food products in Telangana were also discussed.
Telangana Principal Secretary of Industries & Commerce Department Jayesh Ranjan was also present.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.
JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.
LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).
De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News
Rajasthan, Tamil Nadu act after 'contaminated cough syrup' caused death of 11 children
Preventive health check-up & felicitation of Safai Mitras in Agartala
Gyanesh Kumar-led ECI team visits poll-bound Bihar to review preparedness for polls
India reduce West Indies to 66-5 at lunch on day 3, lead visitors by 220 runs
