Patanjali Ayurved, an Indian multinational consumer packaged goods company has entered an MoU (Memorandum of Understanding) with Tocklai Tea Research Institute with an aim to research and extract chemical compounds from tea leaves and seeds.
Advanced research will be carried out to extract chemical compounds from tea leaves and seeds that will be used to make medicines, cosmetics, and wellness products, under the Patanjali banner, as per the official statement released by the company.
The decision of signing an agreement took place between Assam Industries and Commerce Minister Chandra Mohan Patowary and Patanjali Ayurved MD Balkrishna. The minister mentioned that the state has a large number of tea plants, and this partnership will be mutually beneficial for both parties.
With over 800 tea gardens and small gardens in the state, Assam contributes to 52 percent of the total country’s tea production. Now the tea industry is also adapting different routes to diversify its range of products and add value, to increase profit.