Demand for Baba Ramdev’s Patanjali products is growing only and to cater to this growing momentum, the FMCG player is mulling to set up a manufacturing facility near Delhi.
Most probably, the new manufacturing facility will alongside the proposed Patanjali University campus on the Yamuna Expressway in Uttar Pradesh.
For the new unit, Patanjali Ayurved is in talks with the Yamuna Expressway Industrial Development Authority (YEIDA) to invest around Rs 1,000 crore.
Regarding this investment Acharya Balkrishna has a meeting with the authority official’s.
YEIDA, CEO, said, “They are in talks with us to take industrial land to set up a factory and institutional land to set up a university. Once they decide, they will apply for allotment of land.” “Acharya Balkrishna is happy and satisfied with the land,” he added.
Presently, Patanjali has only one manufacturing facility, which is near Haridwar in northern Uttarakhand state, and is spread over around 150 acres.
Patanjali Ayurved’s sales rose by 64 per cent to Rs 731 crore within six months that ended December 31, 2015.
Sikka Gp hosts drawing competition
Noida, December 5, 2022: A drawing competition was held at Sikka Karmic Greens, Sector 74, Noida, to encourage the hidden...
NCR realty growth trajectory all set to emulate early‐90s, 2004‐05 path: Report
Delhi, 5th December, 2022: A close look at this year’s festive trends in Delhi‐NCR indicate a sharp V‐shaped recovery for real estate...
315Work Avenue leases 400 seats to Jupiter
Bengaluru, December 05, 2022: 315Work Avenue, has leased 400 seats to Jupiter, a leading digital banking platform. The workspace is...
SAIL’s CSR initiative on International Day of Persons with Disabilities, distributes devices
New Delhi, December 3, 2022: On the ‘International Day of Persons with Disabilities’ on 3rd December, 2022 Steel Authority of India...
Brookfield Properties India advances its net zero target by 10 years to 2040
New Delhi, December 2, 2022: Brookfield Properties India has advanced its commitment to reach Net Zero greenhouse gas (GHG) emissions...
Aparna Constructions invests Rs 800 cr, launches 4 new residential projects
Hyderabad, December 2, 2022: Aparna Constructions and Estates Private Limited, one of the largest and backward integrated real estate player...