Ramdev joins hand with foreign firm for business

HARIDWAR: Notwithstanding his ideological differences with multinational companies, yoga guru Ramdev has joined hands with a top foreign company to expand his food and beverages business.

Ramdev recently entered into an agreement with the world's leading packaging solution company Tetra Pak, sources close to the yoga guru said.

Patanjali Ayurved Ltd, a company founded by Ramdev, has already launched its first product packaged in Tetra Pak - amla juice.

In the US, Ramdev had acquired an ayurvedic medicine company in the name of Herbo Ved, for an undisclosed sum, to sell the new products there.

A year ago, Ramdev set up a mega Patanjali Food and Herbal Park at Padartha in Haridwar town of Uttarakhand, entailing an investment of Rs 500 crore at sprawling 125 acres of land, they said.