Patanjali Foods says Rs 1,000 crore planned investments to create 7,000 jobs in food processing, signs pact with MoFPI

Indore-headquartered Patanjali Meals — a part of yoga guru Ramdev-backed Patanjali Ayurved — on Friday introduced it has signed a memorandum of understanding (MoU) the Union Ministry of Meals Processing Industries (MoFPI), reflecting its long-term dedication to strengthening the nation’s meals processing ecosystem.

The pact involvs deliberate investments price Rs 1,000 crore throughout states together with Uttarakhand, Uttar Pradesh, Madhya Pradesh, Maharashtra, Karnataka and Odisha, mentioned the FMCG firm.

It additionally famous that the initiative is “poised to create a big socio-economic affect, with the potential to generate over 2,000 direct and 5,000 oblique jobs”.

This, it mentioned, reinforces its dedication to inclusive progress within the nation’s meals processing sector.

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