Patanjali Ayurved Limited (PAL) has decided to invest Rs 671 crore in Chhattisgarh for setting up food and herbal processing unit.
The country’s fastest growing FMCG company founded by Baba Ramdev has signed a memorandum of understanding (MoU) with the state governmenet of Chhattisgarh to set up the unit in Bijetala village of Rajnandgaon.
The facility would come up 500 acres area, about 100 kms from the capital of Chattisgarh. It is expected to generate direct employment for 2200 persons besides indirect employment for 22 million people. Nearly 20 billion farmers would be benefited, officials of the company said.
At the new facility, PAL will produce and process honey, amla juice, aloe vera juice, tomato ketchup, frozen vegetables, rice and pulse. It may be recalled that the company already has 50 manufacturing units across the country.
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