TIL Desk/Business/Nagpur-Patanjali Ayurved Ltd, founded by yoga guru Baba Ramdev, has successfully bid for setting up a modern food park at Mihan here. Maharashtra Airport Development Company (MADC) earlier floated two global tenders (in May and July 2016), but failed to get any bidder.
In the third call, MADC has received Patanjali Ayurved as the technically qualified bidder, the state-run agency said in a release here today. MADC has decided to develop agro, food, herbal and forest -based industrial park on a sprawling 230 acres of land in Mihan. The project is part of the company’s efforts to develop the Vidarbha region.
According to conditions set by the company, the bidders should have a minimum turnover of Rs 300 crore per annum from agro, food, herbal and forest-based processing business in the last three years. Also, their net worth should be Rs 75 crore in the last financial year, the release said.
