Ravi Jaipuria Expands African Manufacturing with $40 Million Investment in Zimbabwe
Indian billionaire Ravi Jaipuria has launched a $40 million manufacturing complex in Zimbabwe through Varun Beverages, focusing on snacks, juice, and dairy production. This investment is part of Jaipuria's strategy to expand his business footprint in Africa's growing consumer market. The new facilities include a Cheetos manufacturing plant and a juice and dairy blend production facility. This expansion follows Varun Beverages' recent $125 million acquisition of South African beverage producer Twizza. Zimbabwean President Emmerson Mnangagwa praised the investment for its potential to diversify the economy, create jobs, and integrate Zimbabwe into regional and global manufacturing value chains. 
