CapEx News

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

Home   »   CapEx-News   »  

Patanjali to start palm plantation in Tripura

Food Processing  -  Oct 23,2024  - 

The Tripura government has taken a significant step towards boosting industrial investment and creating more employment opportunities by partnering with Patanjali Foods Limited to scale up palm oil production in the state.

This collaboration is part of the National Mission on Edible Oils and Oil Palm, a broader initiative aimed at increasing domestic palm oil production across India.

As per the agreement, the government and Patanjali are targeting the cultivation of oil palm on 1,124 hectares of land in Tripura. Impressively, 760 hectares have already been planted.

Chief Minister Manik Saha shared the news on social media platform X, calling the development a key milestone in Tripura’s agricultural progress. He emphasized the importance of this initiative in boosting the state’s overall palm oil production.

Ashok Kumar Singh, the Northeast Head of Patanjali Foods, met with Chief Minister Saha at his official residence to discuss the future of oil palm plantations and their commercial potential. This partnership, according to the state government, is likely to significantly improve the livelihoods of local farmers, giving them more opportunities for income growth.


 

Company : Patanjali Foods Limited