Dabur and Patanjali to invest in Assam: Sonowal

 

GUWAHATI: Assam Chief Minister Sarbananda Sonowal said that Baba Ramdev’s Patanjali is going to invest in Assam in a big way.

Sonowal said that Dabur BSE 0.58 % has also decided to establish a manufacturing plant. “Automobile major Mahindra and Mahindra BSE -0.43 % has also expressed interest in setting up a vehicle manufacturing plant in the state which could give a huge fillip to employment scenario of the state,” said Sonowal.

Patanjali Ayurveda sells through nearly 4,700 retail outlets as of May 2016 . Patanjali Ayurveda has tied up with Pittie Group and Kishore Biyani’s Future Group . As per the tie-up with Future Group, all the consumer products of Patanjali will be available for the direct sale in Future Group outlets.

Patanjali Ayurveda products are also available in modern trade stores including Reliance retail, Hyper city and Star Bazaar apart from online channels. Defense organization Defence Research and Development Organisation(DRDO) entered into licensing agreements with Patanjali Ayurveda for transfer of technology.

 (Inputs from Economic Times)

 

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