Ramdev joins hand with foreign firm for food biz

Ramdev recently entered into an agreement with the world`s leading packaging solution company Tetra Pak, sources close to the yoga guru said.

Updated: Jun 26, 2011, 16:22 PM IST

Haridwar: Notwithstanding his ideological differences with multinational companies, yoga guru Ramdev has joined hands with a top foreign company to expand his food and beverages business.
Ramdev recently entered into an agreement with the world`s leading packaging solution company Tetra Pak, sources close to the yoga guru said.

Patanjali Ayurved Ltd, a company founded by Ramdev, has already launched its first product packaged in Tetra Pak - amla juice.

In the US, Ramdev had acquired an ayurvedic medicine company in the name of Herbo Ved, for an undisclosed sum, to sell the new products there.

A year ago, Ramdev set up a mega Patanjali Food and Herbal Park at Padartha in Haridwar town of Uttarakhand, entailing an investment of Rs 500 crore at sprawling 125 acres of land, they said.

PTI