Swami Ramdev inaugurates Patanjali Ayurveda Factory in Nepal, will Invest 100 Billion in the Country in a Decade

The venture will provide employment to about 20,000 Nepalese

A Patanjali outlet. VOA

November 23, 2016: Swami Ramdev inaugurated a Patanjali Ayurveda factory with President of Nepal Bidhya Devi Bhandari, in southern Bara district, Nepal on 23rd November. He announced that he will invest over Rs. 100 billion in a decade in Nepal. He was accompanied with Acharya Balkrishan

On his week-long visit he assured that all the profits made in Nepal will be invested back. He said that his investment would benefit the people of Nepal.

Nepal imports Patanjali Products worth 1 billion every year. Nepal has over hundreds of outlets that sell Patanjali products.

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The factory, initially established with a capital investment of about 1.5 billion, will have investment of about 5 billion in the future. The factory at Bara will initially produce about 55 products including organic medicine and other products and then gradually increase the production’s volume.

Swami Ramdev told PTI that the Patanjali Ayurvedic Udyog will use local raw materials and will create a healthy and prosperous Nepal.

Ramdev attended a meeting on Tuesday in Kathmandu with the Federation of Nepal Chamber of Commerce, various Nepali traders, industrialists and businessmen where he discussed his future endeavors regarding his Products in Nepal.

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He also shared many investment tips with the Business community of Nepal. He advised them to create a brand to sustain their business in the country.
Ramdev said he is going to invest billions of rupees in Nepal. He is going to generate employment to about 20,000 Nepalese youths by producing Ayurvedic products.

Ramdev will travel to some of the districts of Nepal so that he can explore business opportunities in the country. He will also meet with Prime Minister Dahal, some ministers and associates of the Nepali business community.

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According to PTI, Ramdev will conduct a five days yoga camp at Birgunj. Various office bearers have been invited to the camp. Other dignitaries that will be joining the camp are President Bidhya Devi Bhandari, Prime Minister Dahal, Congress leader Sher Bahadur Deuba, political leaders and members of the business community and some other ministers.

More than 10,000 yoga trainers have assembled from India and Nepal and are working hard since last month for organizing the camp

Prepared by Diksha Arya of NewsGram. Twitter: @diksha_arya53