Meghalaya Cabinet clears Rs. 300 cr Pepsico plant in North Garo Hills, to create 500 jobs 

The state Cabinet on Friday approved the setting up of a Pepsico plant, a project worth over Rs 300 crore, at Mendipathar Industrial Area in North Garo Hills District, which will provide over 500 jobs to local people.
Addressing the media, Chief Minister Conrad K Sangma said the project proposal was given by Varun Beverages Limited, a company that runs the Pepsico plants.
He said the government has also agreed to provide 2% interest subvention. In addition, he said the government has agreed to a 200% investment or return of the SGST tax.
Further, the CM informed that the government has put a condition that 90% of the non-managerial staff has to be local.
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