Patanjali Plots
Patanjali, a popular Indian brand known for its Ayurvedic products, is expanding its business into the real estate sector. The company has announced plans to sell industrial plots in various parts of the country, aimed at attracting businesses in the manufacturing and processing industries.
This move by Patanjali Industrial Plots is not surprising, given its founder Baba Ramdev’s focus on promoting traditional Indian products and practices. The company has already made a significant impact in the FMCG sector, competing with established players such as Hindustan Unilever and Nestle.
Now, Patanjali is offering industrial plots for sale in Uttar Pradesh. These plots range from 25 acres to 200 acres and are situated in prime locations with good connectivity to highways and major cities.
The company claims that these Authority plots in Yamuna Expressway will be developed as eco-friendly industrial parks, with a focus on renewable energy, waste management, and greenery. The parks will also feature amenities such as schools, hospitals, and residential complexes for employees.
Patanjali’s entry into the real estate sector is expected to benefit both the company and the businesses that choose to set up operations in these industrial parks. For Patanjali, this move will diversify its revenue streams and help it achieve its goal of becoming a diversified conglomerate. For businesses, these industrial parks will provide access to prime locations with excellent infrastructure, which can significantly lower their operating costs.
However, there are some concerns regarding Patanjali’s lack of experience in the real estate sector. The company will need to work with experienced developers and contractors to ensure that these industrial parks are developed according to international standards. Additionally, there may be some skepticism regarding Patanjali’s ability to attract businesses from industries other than FMCG.
In conclusion, Patanjali’s entry into the real estate sector is a significant move that could benefit both the company and the businesses that choose to set up operations in its industrial parks. However, there are challenges that the company will need to overcome, and it remains to be seen how successful it will be in this new venture. To know more get in touch with ERM Global Investors.