Patanjali to enter solar business

Bengaluru Dec 6: In a move to expand business Indian Brand Patanjali has decided to enter into solar business. The company has decided to manufacture solar power equipment.Currently, Patanjali has expanded its base in FMCG category and has also planned to enter retail garment sector.

Sources said that there is huge scope in solar sector as the government has set an ambitious plan to produce 100 Gigawatts of solar power by 2022 and has given a huge thrust for implementing Paris climate deal. Currently, the solar sector depends on Chinese imports as they are cheap.

Acharya Balkrishna, managing director of Patanjali Ayurved has said that "Getting into solar is in line with the swadeshi movement With solar, each household in India can have the power supply, and we are here to make that happen."

Earlier Patanjali company has acquired "Advanced Navigation and Solar Technologies Pvt. Ltd and the company would invest Rs 100 crore in Noida for manufacturing solar panels without compromising on quality".

Currently, Patanjali manufactures a wide range of products including personal care such as hair oil, toothpaste, moisturizing cream, face scrub, healthcare products, ayurvedic medicine, incense sticks, and products like corn flakes, choco flakes, biscuits and even noodles.