MoU between Managing Director, Patanjali- Sh. Acharya Balakrishna and telangana Govt. with a commitment from Patanjali to setup a large food park in the state.
Today:-Nov – Hon’ble MP Smt. Kavitha Kalvakuntla led a team of government officials from Telangana composed of Hon’ble MLA Sh. Jeevan Reddy, TSIIC MD Sh. E.V. Narsimha Reddy, Director-food processing and others to Haridwar, Uttarakhand to meet Baba Ramdev and Sh. Acharya Balakrishna.This was a follow up from Acharya Balakrishna’s visit to Nizamabad in November last year. Hon’ble MP Smt. Kavitha Garu presented the newly launched food processing policy and various progressive schemes from the Government of Telangana to the Patanjali top management. Telangana team presented on the bountiful availability of raw material such as turmeric, chillies, maize and soybean. Further, procurement opportunities for citrus fruits and other commodities were also discussed for various Patanjali products. The discussions were concluded by signing an MoU between Managing Director, Patanjali- Sh. Acharya Balakrishna and Managing Director,TSIIC- Sh. E.V. Narsimha Reddy with a commitment from Patanjali to setup a large food park in the state. Notably, Patanjali group had committed an overall investment of more than 10,000 crores countrywide at the global food processing fair, World Food India organised by the Ministry of Food Processing Industries in New Delhi. The food park could consist of units for edible oil, fruit pulp and spices processing. Thereafter, Sh. Acharya Balkrishna showed the Patanjali campus and their state of the art research facilities to the Telangana team. Patanjali group also expressed interest in developing indigenous seed varieties and animal feed value chain in the state of Telangana. The new food processing policy from Telangana has garnered a lot of interest so far from various business groups in the country.
Teennews1 News Desk