Latest news with #PatanjaliGroup
Time of India
12 hours ago
- Business
- Time of India
Patanjali Group to revive mega food park project in Vizianagaram district
Visakhapatnam: Yoga guru Baba Ramdev 's Patanjali Group is planning to revive its mega food park project on 172.84 acres at Chinnaraopalli village in Kothavalasa mandal of Vizianagaram district. Baba Ramdev had visited the site allotted by the govt nine years ago and the Patanjali food and herbal park is expected to provide employment to over 33,000 people in the district. The project would be set up as Patanjali Ayurved Limited (PAL). As per the initial plan, agricultural produce such as barley, maize, jowar, rice, pomegranate, sesame, turmeric, black gram, red gram, pulses, potato, peas, ginger, chilli, onion, and mango will be processed in the food park. Patanjali Group owner Baba Ramdev visited the site allotted for the project. Andhra Pradesh Industrial Infrastructure Corporation (APIIC) had acquired 'D' patta lands from farmers for the project. The revenue department paid Rs 8.5 lakh per acre as compensation to farmers and the company is expected to invest over Rs 500 crore. Baba Ramdev informed the locals that mega units would come up in the area under PAL. According to govt sources, the company would process two lakh metric tonnes of agriculture produce and would later increase the capicity to three lakh tonnes. The mega project will have core processing facilities including freezer facilities for fruits and vegetables, pre-cooling and ripening chambers, cold storage with blast freezer, dry grinding and packing facilities, among others. There will be an anchor unit of juice extraction with a capacity of 1,500 metric tonnes per day. It would be set up with an investment of Rs 45 crore.
Time of India
17-06-2025
- Business
- Time of India
Patanjali gets 1.5 mn palm oil seeds from Malaysian state agency under 5-year deal
Synopsis Sawit Kinabalu Group, a Malaysian state agency, has supplied 1.5 million palm oil seeds to India's Patanjali Group under a five-year contract aimed at supporting India's domestic palm oil cultivation efforts. This deal marks the first time a Malaysian state agency has engaged in supplying palm oil seeds, aligning with India's goal to reduce import dependence.
Time of India
01-05-2025
- Business
- Time of India
Bharuwa Solutions' AI-powered banking ERP system is set to revolutionise financial inclusion in India
Bharuwa Solutions Pvt. Ltd. (BSPL), the technology arm of the Patanjali Group, proudly announces its strategic foray into the Indian banking sector with the launch of an AI-powered, Multilingual (Bilingual) 360° Banking ERP System. Tired of too many ads? go ad free now This next-generation platform is designed to revolutionize digital banking by empowering regional, cooperative, and small financial institutions with intelligent, inclusive, and compliant technology. Bharuwa's cutting-edge CBS platform ( B- Banking) is purpose-built to address four critical challenges that have long hindered innovation and inclusivity in India's banking ecosystem: 1. Language Inclusivity With India's linguistic diversity, most banking services remain limited to English. BSPL's bilingual solution allows banks to serve customers in both English and their local language—e.g., Gujarati in Gujarat, Punjabi in Punjab—ensuring accessibility and ease of use for all citizens. 2. Enhanced Security The platform incorporates state-of-the-art AI and cybersecurity protocols to provide comprehensive protection for data, transactions, and digital interactions. 3. Process Efficiency Designed for end-to-end banking transformation, the system features robust capabilities including API banking, MIS, HRMS, ERP modules, AML tools, and workflow automation for seamless operations and compliance. 4. Regulatory Compliance Fully aligned with the Official Language Act, 1963 and Supreme Court directives, the solution ensures compliance with government mandates for bilingual software across financial institutions. Sh Acharya Balkrishna Ji, Founder & Managing Director of the Patanjali Group, expressed his commitment to technological inclusion: 'Bharat is a nation of many languages, yet our banking infrastructure predominantly operates in English—alienating the majority. Tired of too many ads? go ad free now Bharuwa Solutions is launching a transformative product that is technologically superior, functionally comprehensive, and linguistically inclusive, aligned with the Official Language Act of 1963.' 'In this age of AI and Machine Learning, it's time our rural, semi-urban, cooperative, and small finance institutions get access to the same level of technology as public and private sector banks. This initiative is about empowering Bharat, in every sense of the word.' To bring this vision to life, Bharuwa Solutions has partnered with Natural Support Consultancy Services Pvt. Ltd. a veteran in the bilingual banking space with a legacy of automating over 5,000 bank branches since 1999 for surround products like AML, LOS, MIS etc Together, Bharuwa and Natural aim to deliver a comprehensive 'Bank in a Box' solution—an all-in-one platform combining frontend excellence with a powerful backend infrastructure. It seamlessly integrates with Core Banking Systems (CBS), supporting services like, Internet & Mobile Banking, AI-Powered Search, eKYC, CKYC, PFMS Integration, SMS Banking, KCC IS Portal, AML, HRMS, CSS, MIS, DSS, and backend processes like ERP, HRMS etc. This holistic offering is tailored to enable digital transformation for State Cooperative Banks, District Central Cooperative Banks, Urban Cooperative Banks, NBFCs, and other financial institutions across India and International market, particularly in regions with multilingual banking needs.
