6 April, 2018
Varun Beverage said its plans to set-up a Greenfield production facility (subject to receipt of necessary approvals) to create in-house production capacity for Tropicana fruit juices, Quaker Oats milk-based Beverages and Gatorade.
According to Varun Beverages Chairman Ravi Jaipuria, juice market in India is expected to show strong double-digit growth. The setting-up of this production facility is in-line with their attempt to strengthen their presence in fast growing categories
The company said this facility will be the first fully backward integrated facility in India to manufacture the complete range of above products including carbonated soft drinks (CSD) at a single location. Foundation stone for this new production facility is being laid by Punjab Chief Minister Captain Amarinder Singh at Pathankot.