Patanjali to invest Rs 500 crore in UP food park !!!

(Pi Bureau)

 

Virendra Singh Rawat

Economic writer

 

Baba Ramdev promoted Patanjali Group is planning to invest about Rs 500 crore in its upcoming food park in Bundelkhand.

 

The company is currently engaged in the process of acquiring land for the proposed park and has zeroed in on Jhansi district of Bundelkhand for the purpose, according to Patanjali Food & Herbal Park CEO Ravindra Kumar Chaudhary.

 

The project would span 50-100 acres and would be completed by 2020. The project would provide direct and indirect employment to thousands of people in the region.

 

Patanjali Group is engaged in manufacturing and marketing of organic food and consumer goods.

 

Chaudhary was in Lucknow recently in connection with ‘World Food India 2017’ being organised by the union food processing industries ministry in consort with Confederation of Indian Industry (CII) in New Delhi during 3-5 November, 2017.

 

Speaking on the occasion, UP chief minister Yogi Adityanath had also urged the Centre to award at least four Mega Food Parks (MFP) projects to UP, one each for different regions viz. Purvanchal (Eastern UP), Bundelkhand, Western UP and Bundelkhand.

 

Bundelkhand comprises Lalitpur, Jhansi, Jaluan, Hamirpur, Mahoba, Banda and Chitrakoot districts in UP. It also spans nearby districts of Madhya Pradesh.

 

During the previous Akhilesh Yadav regime, Ramdev had expressed interest in investing in Bundelkhand for cultivating medicinal herbs and plants.

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