The Patanjali group is planning to scale up its land holding in Mihan-SEZ by 40 acres taking it to 330 acres for its project.

The company has been eyeing to export of herbal medicine through its Nagpur project which is under development and aims to provide employment opportunities to nearly 10,000 persons.

Acharya Balkrishna, CEO of Patanjali group has said that “(Maharashtra) Chief Minister Devendra Fadnavis has asked Patanjali to further invest in Nagpur after which the group has planned to take up another 40 acres in SEZ. Around 80 percent of the output will be exported. Stress will be on exporting herbal medicine as there is not much market for herbal cosmetics.”

Read EquityPandit’s Technical Analysis of Indian Stock Market