Snacks and beverages major PepsiCo plans to invest $5 million by 2020 to expand its sustainable farming programme in India. The company — which is the biggest buyer of chip-grade potato in the country — also plans to double its collaborative farming network for potato cultivation in India in the next five years.
PepsiCo is working with over 24,000 farmers in India, mainly potato farmers. Under its collaborative farming initiative, it is working directly with potato farmers across 11 States and will double this network in the next five years.
Christine Daugherty, Global Vice-President, Sustainable Agriculture, PepsiCo, told BusinessLine: “As part of our continued commitment, we plan to invest $5 million by 2020, for expanding the Sustainable Farming Programme in India.”
Through the Sustainable Farming Programme, the company provides education on field agronomy, fertilisers, irrigation, plant protection techniques.