Soft-drinks giant Pepsi would invest $500-million (Rs 2,200 crore) in coming three years. It is disclosed by the CEO and global chairman of PepsiCo. Ms. Indra Nooyi. She was here in Gurgaon (Haryana) to attend the first ever executive committee meeting of company in India. The company has already invested over $1 billion in India.

Ms. Nooyi said that the current move of the company would generate 50,000 direct and indirect jobs in the country. The company would like to grow organically and inorganically. It is also interested to acquire some local Indian brands to expand its business. PepsiCo reserved good a amountof cash to complete such acquisitions.

Ms Nooyi further said that the company would also launch a number of new wellness and health-oriented products. Besides, it also announced pilot plan to eradicate poverty in India by 2015.

PepsiCo India CEO (Beverages), Sanjeev Chadha said the company has 43 bottling plants in the country out of which 15 are company-owned while the remaining 28 plants are franchisees.