India: Patanjali Foods to acquire biscuit manufacturing assets
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 […]
India: Patanjali signs deal to construct plant in Chhattisgarh
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 […]
India: Patanjali reported to be establishing cosmetics plant
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 […]
India: Patanjali Ayurveda plans $150 million expansion in 2016
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 […]
India: Patanajali Ayurved expands product line with instant noodles
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 […]
India: Fast-growing Patanjali Ayurved Limited launches instant noodles
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. […]