Patanjali’s Food Park to stay in Noida as the UP cabinet clears project

On behalf of Patanjali, the Yamuna Expressway authority was requested to transfer land to the Food Park. Since the allocation of land to the company was a cabinet decision, separate transfer of any part of it could also be made by the cabinet.

Proposal for land grant to Yogguru Swami Ramdev’s Food Park was approved in a meeting of the Cabinet chaired by Chief Minister Yogi Adityanath. The government came to action after the threat of being taken out of Patanjali Food Park in Greater Noida in Uttar Pradesh. The Chief Minister himself intervened in this matter and promised to get it passed in the cabinet soon.

The Noida project is at Rs. 6000 crore and spread across 455 acres. The Yamuna Expressway Industrial Development Authority (YEIDA) had given Patanjali Ayurveda company 430 acres of land for setting up of food and herbal parks on Yamuna Expressway in 2016. Patanjali planned to open a university and research centre in the 25 acres of land for institutional use given to them. The company reportedly had said that food park would produce goods Rs. 25,000 crore every year while also created 10,000 direct jobs.

The dispute started when a one-month extension was given to Patanjali to start the project and get requisite clearances till the end of June. Reports stated that the land was allotted by the name of Patanjali Ayurveda which the company later wanted to change to Patanjali Foods. YEIDA claimed that because this land allotment didn’t abide by the terms and conditions of the scheme it could not provide such benefits under the central government’s food park scheme.

Patanjali is going through some challenging times with strong competition and falling revenue. The company is aiming to capture the top spot in the FMCG market and Noida food park would help them incline their production and scale up their business. The UP location would also help them with quick and ample raw material supplies. The NCR location will help them with easy access to airports too.

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