RJ Corp’s Voltsun Labs to invest ₹1,743 crore in a new 2 GW solar manufacturing facility in Andhra Pradesh. Discover how this project boosts India’s clean-tech ecosystem and creates hundreds of jobs.
In a significant diversification move RJ Corp the multi-business giant behind PepsiCo bottling and KFC franchises, is stepping into the renewable energy sector. Its subsidiary Voltsun Labs will establish a massive ₹1,743 crore greenfield facility to manufacture solar cells and modules in Andhra Pradesh’s Tirupati district.
The new plant will be located at the Naidupeta MPSEZ, with the state government allotting 37 acres of land at concessional rates to fast-track the project.
Building a 2 GW Solar Powerhouse
The Voltsun project is designed as a fully integrated, state-of-the-art manufacturing ecosystem. It will be developed in two phases, with each phase adding:
- 1 GW of solar cell capacity
- 1 GW of module capacity
Upon completion, the facility will have a total output of 2 GW, making it a substantial player in India’s solar manufacturing landscape. The plant will utilize advanced TOPCon monocrystalline and bifacial technologies, which are known for their higher efficiency and ability to generate power from both sides of the panel.
Government Support and Job Creation
The Andhra Pradesh government is actively supporting the project to ensure its swift implementation. The support includes:
- Providing 37 acres of land at a concessional rate.
- Facilitating essential external infrastructure, including a 40 MW power load and 3 MLD (Million Litres per Day) water supply.
- Approving tailor-made incentives under the AP Industrial Development Policy 2024-29.
This investment is expected to create 415 direct jobs and further strengthen the state’s emerging reputation as a clean-tech hub. The government has directed all departments to fast-track approvals through its ‘Single Desk Portal 2.0’ to ensure a seamless process for the investor.
A Strategic Move for a Diversified Conglomerate
RJ Corp, with an estimated group valuation of over ₹90,000 crore, is globally renowned as the world’s largest PepsiCo bottler and a major player in quick-service restaurants (KFC, Pizza Hut), dairy (Jersey brand), and other sectors.
This foray into solar manufacturing signals a strategic expansion into high-growth, future-oriented industries. A government release stated that this investment “strengthens [the state’s] fast-growing clean-tech cluster,” which already includes other solar manufacturers, pumped-storage developers, and green hydrogen players.
By leveraging its extensive industrial experience and financial strength, RJ Corp is poised to become a significant new force in India’s mission to achieve self-reliance in solar technology.
