DRDO-Patanjali deal to fetch business for Leh people: Parrikar

Image
Press Trust of India Panaji
Last Updated : Aug 30 2015 | 12:07 PM IST
Union Defence Minister Manohar Parrikar has said the DRDO's transfer of technology deal with yoga guru Ramdev's trust will fetch Rs 50 crore revenue for the people of Leh region.
The premier defence research institute recently signed a TOT deal with Patanjali Ayurveda Limited for manufacturing and marketing of products made out of berries from Leh region.
"People do not understand issues. They just keep talking. When one partners with Ramdev, people see saffron and the dialogue veers in that direction without understanding the issue," Parrikar said addressing a public function here last evening.
He said the Patanjali Yogpeeth has plans spread over five years to manufacture Leh berry-based products worth Rs 50-60 crore annually and sell it across India.
"If they market it, the local people will get a business of Rs 50 crore...If people who are cut off (from the mainland) because of snow for six months benefit from this, they will continue to progress with the country," Parrikar said.
The Defence Minister said that Leh berries are "extremely nutritious and contain vital beneficial elements."
"We can use it instead of fish oil. It is better than fish oil for one's health. The DRDO has found this in research," he said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 30 2015 | 12:07 PM IST

Next Story