Signals, Powered By EquityPandit
The Madhya Pradesh government has assigned 40 acres of land to Patanjali Ayurved in Pithampur industrial area to set up a food processing unit at the cost of Rs 10 crore.
Kumar Purshottam, the MD at Madhya Pradesh Audyogik Kendra Vikas Nigam Indore has said that “We have allotted 40 acres of land to Patanjali Ayurved at Rs 25 lakh per acre. We have sent a letter to the company, asking them to deposit Rs 10 crore in government exchequer for the land.”
He has further said that the company aims to invest Rs 500 crore in the proposed unit in the next three years.
Through this unit, around 5000 people will be getting direct and indirect employment.
The MD has said that the “Government is providing all those facilities to Patanjali Ayurved as per its policies for food processing units.”
