Baba Ramdev’s created FMCG giant Patanjali Ayurved, which is leaving behind various MNC’s its different categories, has now planning to take leaps to China.
Patanjali’s FMCG fight against the swadeshi companies aligned with the government’s ‘Act East’ policy which aims at strengthening ties with the countries in India’s east.
Patanjali’s plan to set up a production unit in Sahibganj, a district in Jharkhand will give the Patanjali opportunity to export its products in neighboring East-Asian countries.
“Patanjali is in talks with the Inland Waterways Authority of India and shipping minister Nitin Gadkari to use the Sahibganj multi-modal terminal for export of its products to East Asian countries like China, Myanmar, Bangladesh and others. By using the inland waterways, the company will save on its logistic costs for exports and the idea is to capture the East Asian market by competing on price and quality,” Mint quoted a senior central government official on condition of anonymity.