Patanjali Ayurved, an FMCG company co-established by yoga guru Ramdev, will set up a food park at Ludhiana while ITC is coming with a food processing unit in Punjab.
Deputy chief minister Sukhbir Singh Badal said here on Wednesday, “Baba Ramdev’s people approached the Punjab government and expressed the desire to set up a food park.” Sukhbir was making a presentation on ‘Perspective on development and governance in Punjab for the last nine years’.
He said “the company (Patanjali) is impressed with the policy on industry in the state” and would “set up a food park in Ludhiana”. He also said that ITC “is coming up with a food processing unit in the state”. With zero tax policy on food processing units, several giants like Pepsi, Coke are coming into this venture, he claimed.
Patanjali Ayurved Limited was founded as a small pharmacy in Haridwar in 1997 by Ramdev and is currently chaired by his associate Balkrishna.
“Patanjali will lay the foundation stone of the food park in April,” he said adding that the multi-branding in the food processing industry was benefiting the state in a “big manner”. Sukhbir’s wife and SAD’s Bathinda MP Harsimrat Kaur Badal is the food processing minister in the central NDA government.
“The overall target through food processing in the state is around Rs 1 lakh crore this year,” he said.
Sukhbir, who is also the president of Shiromani Akali Dal (SAD) described the SAD-BJP government’s nine-year rule as “fully satisfactory”.
Punjab is slated to go for polls early next year. Rebutting the claims of opposition political parties that Punjab is debt-ridden, he said that “we managed to pull the state from bad to progressive phase”.
“In the last nine years we have made historic achievements in comparison to what earlier governments did for the state,” he said.
Hitting out at his political opponents, he said that they brought bad name to the state by “false propaganda”.