The Patanjali Food and Herbal Park would come up on a 172.84 acre site at Chinnaraopalli village, according to a release from the chief minister’s office.
Ramdev met chief minister N Chandrababu Naidu Thursday afternoon and discussed the project, it said.
Core processing facilities including cold storage with blast freezer, grading packing facility for spices and grains and dry warehouse would come up at the park.
An anchor unit for juice extraction, with a capacity of 1,500 tonnes per day, would also be set up with an investment of Rs 45.20 crore.
Juice, biscuit, noodles, frozen vegetables and spices processing units are likely to be set up to benefit farmers of the region in a big way, the release added.