Aiming to be fully water positive in India in 3 years: PepsiCo
Food and beverages firm Pepsico India on Wednesday said it plans to replenish more water than it consumes at all the 39 places where its manufacturing facilities are located in the country.business Updated: Sep 29, 2010 19:56 IST
Food and beverages firm Pepsico India on Wednesday said it plans to replenish more water than it consumes at all the 39 places where its manufacturing facilities are located in the country.
"At the national level, we have already attained positive water balance but it doesn't mean we have attained it in every place ... Now our next objective in the next three years is to go to every states where we operate and achieve positive water balance as well," Chairman Pepsico India Sanjeev Chadha told reporters here.
He said the company will go to all the 39 plants (36 bottling plants and 3 snacks plants) and go aggressive with its initiative to attain positive water balance.
Chadha said the initiative is based in line with its global commitment 'Performance with Purpose'.
"Our consumption is 5.1 billion litres (of water) and we have replenished 6 billion litres through these projects. Pepsico is the first company in the world and in India to achieve it," he claimed.
Some of the various programmes include construction of water harvesting ponds and recharge of water. The company has also introduced Direct Seeding Methodology for paddy farming on how to save water for farmers.
The company said it has successfully completed its community water initiatives here. The project, which had two legs, aimed at setting up water recharge structures to improve water availability for neighboring community and Direct Seeding of paddy, which helps reduce water consumption by one third in paddy cultivation.
The projects will benefit nearly 10,000 people in and around Panipat and recharge and save 220 million liters of water in 2010, it claimed.
Asked about issues regarding alleged ground water depletion due to the firm's Palakkad plant in Kerala, Chadha said: "Wherever there is an issue we will address it. To do that we have a road map over the years, we address that issue sequentially."
When asked about bringing fresh investments for its operations in India, Chadha said: "It's an ongoing process. You can look forward to and we are committed to continuing of course investments in India."
The company is understood to be planning a fresh investment of USD 500 million in India in the next two years.