MUMBAI: Baba Ramdev led Patanjali Ayurved Limited moved the FMCG sector entirely with ‘ayurvedic and natural’ products. The company announced in 2016, that it will build a mega food park in Uttar Pradesh, India.
However, in a latest twist to the story, Patanjali will now have to shift its planned mega food park from the state after the state government denied permission for it.
Patanjali Ayurved managing director and co-founder Acharya Balkrishna took to his Twitter handle and informed that they have to shift the food park due to state government's disappointing attitude.
https://twitter.com/Ach_Balkrishna/status/1004006135827795968/photo/1?ref_src=twsrc%5Etfw&ref_url=https%3A%2F%2Fwww.aninews.in%2Fnews%2Fbusiness%2Fbusiness%2Fpatanjali-to-shift-mega-food-park-from-up-after-denied-permission201806052056220002%2F
He further said their initiative to improve the lives of farmers in the region would not be achieved after this decision.
Patanjali acquired 455 acres of land for the Patanjali Food and Herbal Park in Greater Noida and the project was worth over Rs 20000 crore. It was the largest project set up by the company after the one in Haridwar, which is spread over 150 acres.