Yoga Guru Baba Ramdev’s Patanjali Ayurveda is eyeing Andhra Pradesh. They are planning to expand their market network to 5 lakh retail outlets across the country and entered into an agreement with the AP government to invest Rs 1,000 crore in developing a food park in Vizianagaram district.
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In the last couple of years, the demand for Patanjali products surged big time and so, the company is planning to increase the production capacity. The group presently had 5,000 distributors and has tied up with major retail chains to sell more than 100 products.
The group is currently producing more than 100 Ayurveda products including fast moving ones like honey, beauty products, and health drinks and is soon eyeing 10000 Crore turnover. This is one of the most promising MOUs signed in the partnership Summit.
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