Baba Ramdev’s Patan­jali eyes so­lar power busi­ness

Electronics Bazaar - - Industry News -

Yoga guru Baba Ramdev’s Patan­jali Ayurved, the con­sumer goods com­pany, is poised to di­ver­sify into so­lar power equip­ment man­u­fac­tur­ing.

Patan­jali ac­quired Ad­vance Nav­i­ga­tion & So­lar Tech­nolo­gies, a man­u­fac­turer of nav­i­ga­tion aid equip­ment, in early 2017. Cur­rently, the fa­cil­ity has a man­u­fac­tur­ing ca­pac­ity of 120MW. Patan­jali plans to in­vest around ` 1 bil­lion in so­lar equip­ment man­u­fac­tur­ing, and its fac­tory in Greater Noida is ex­pected to be fully op­er­a­tional by early 2018.

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