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Patanjali Ayurved, proposes to invest approx Rs.100 crore in solar equipment manufacturing.
As per Acharya Balkrishna, managing director of Patanjali Ayurved, “Getting into solar is in line with the swadeshi movement. With solar, each household in India can have power supply, and we are here to make that happen”.
Further he stated, “This started with our plan to use solar as a source of power at all our factories. That time we understood most of the solar modules come from China. And there was no quality consistency even in India-made ones.”
Further, Patanjali’s foray into the solar equipment business, will be its first venture in the infrastructure sector.
