Patanjali Foods, the Indian FMCG and edible oils company, has entered into strategic agreements worth approximately 750 crore INR ($80 million) to acquire manufacturing assets from its promoter group company Patanjali Ayurved Limited (PAL). Under the terms of the agreements approved on 14th March, the company will acquire leasehold rights to over 400,000 sq m of land and partially constructed buildings, along with a biscuit manufacturing plant and machinery . …
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Patanjali
Patanjali, the fast-growing Indian FMCG firm, is seeking to further expand its manufacturing operations with the proposed construction of a new food plant in the state of Chhattisgarh, India. The company, which manufactures ayurvedic products, has reportedly signed a memorandum of understanding to build a food and herbal processing unit in the village of Rajnandgaon at a cost of 671 crore INR ($106 million). According to a Business Standard report, the new facility …
Patanjali Ayurveda, the fast-growing ayurvedic consumer goods firm, is seeking to establish a new production facility in Pithampur, near Indore in Madhya Pradesh, as it looks to ramp up its production of personal care products, according to a report in the Times of India. Official sources are reported as saying that the firm, which manufactures 45 types of cosmetic item, had asked for around 40 acres of land to start …
Fast-growing consumer goods firm Patanjali Ayurveda is set to invest 1,000-crore INR ($150 million) early next year on various expansions plan, with a particular focus on e-commerce and export, according to reports in the Economic Times and Wellness India. Patanjali Group promoter Baba Ramdev said: “We are likely to invest about Rs 1,000 crore in 2016 for various initiatives. Banks have already sanctioned Rs 500 crore as working capital loan …
Patanajali Ayurved, the fast-growing FMCG based on the traditional Indian principles of ayurveda, has announced the launch of Patanajali Instant Atta (Wheat) Noodles, just a few days after Nestle’s Maggi brand noodles returned to shelves. Priced at 15 INR ($0.23) for a 70g pack, the new launch is claimed to be more affordable than rival products from competitors such as Nestle, ITC and Unilever. As reported by The Economic Times, …
Patanjali Ayurved Limited (PAL), the rapidly growing ayurveda goods company led by yoga guru Baba Ramdev, is rolling out a new brand of wheat noodles under the name Atta Noodles. The move comes as the result of a gap in the market created by the recent ban on the sales of Nestle’s Maggi instant noodles. The Atta brand product will be launched once approval has been granted by the Food …
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