Business Standard

Patanjali to grow oil palm on 38,000 hectares in nine Arunachal districts

Firm lays foundation stone for oil palm mill in the state where already has two nurseries and plans three more


Patanjali Foods generated revenue of Rs 24,205 crore in FY22, a growth of about 48 per cent over FY21

Pratigya Yadav New Delhi
Patanjali Foods laid the foundation stone for an oil palm mill at Industrial Growth Centre, Niglok in East Siang, Arunachal Pradesh, the company said in a release on Wednesday.

The food major announced plans to undertake oil palm plantations on 38,000 hectares of land across nine districts in the state. It already has two nurseries at Pasighat and Holangi and is in the process of setting up three more in Lower Siang District at Khurram, FTC and Dipa. According to the company, the move will give impetus to the state's economy and will generate employment, apart from boosting local farmers’ income.


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First Published: Aug 31 2022 | 8:13 PM IST

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