Patanjali group to set up food park in Telangana
Yoga guru Ramdev-led Patanjali group signed an MoU with the Telangana government for setting up a “large” food park in the state.
TRS Lok Sabha member from Nizamabad K Kavitha along with government officials met Patanjali’s top management at Haridwar, Uttarakhand and explained them the state’s newly launched food processing policy, an official release said here.
“The Telangana team highlighted the bountiful availability of raw material such as turmeric, chillies, maize and soybean (in Telangana). Further, procurement opportunities for citrus fruits and other commodities were also discussed for various Patanjali products,” it said.
The discussions concluded by signing an MoU between Managing Director of Patanjali Acharya Balkrishna and Managing Director of TSIIC (Telangana State Industrial Infrastructure Corp) E V Narsimha Reddy.
Under the MoU, the Haridwar-headquartered FMCG group committed to set up a “large food park” in the state, it said.
The agreement was signed in the presence of Ramdev, who founded the domestic FMCG major over a decade ago.