A memorandum of understanding (MoU) has been signed between the Chhattisgarh government and three food processing firms, Baba Ramdev’s Patanjali Ayurved Ltd, Manorama Industries Pvt. Ltd and Aakriti Snacks Pvt. Ltd, to set up processing units at an estimated investment of Rs 762.80 crore.
The MoU signed with Patanjali Ayurved was worth Rs 671 crore under which an agriculture and herbal processing unit would be set up in Bijetala village of Rajnandgaon district. The unit will be spread over an area of 500 acres which will benefit around 2 lakh farmers.
Manorama Industries would set up a unit of butter products based on sal seeds and mangoes in Rasni-Urla area at a cost of Rs 76 crore. Similarly, Akriti Snacks will expand its Kolar-based unit and set up toast, bread and bakery production units by investing Rs 15.80 crore.
Patanjali Ayurved CEO Acharaya Balkrishna, Ashish Saraf of Manorama Industries and Ashish Agrawal of Akriti Snacks signed the agreement for their respective firms while state special secretary Kamalpreet Singh signed on behalf of the Chhattisgarh government.