Uttarakhand Cooperative Revival: Rs 100 Cr Target
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Uttarakhand aims to revive dormant cooperative units, targeting Rs 100 cr turnover. Focus on Ayurvedic medicine & rural employment.
Dehradun, Jun 2 (PTI) The Uttarakhand State Cooperative Federation has prepared a roadmap to revive two long-dormant cooperative industrial units in the state, aiming to boost industrial development and rural economy, officials said on Tuesday.
Under this plan, the Co-operative Drug Factory (CDF) in Ranikhet and the Uttarakhand State Medicine and Paramedicals Ltd (UMPL) in Halduchaur will undergo extensive modernisation.
Both facilities will be equipped with modern machinery, advanced laboratories, and upgraded production systems to manufacture traditional Ayurvedic medicines.
Uttarakhand Cooperation Minister Dhan Singh Rawat said the state government is committed to using the cooperative sector as a vehicle for economic growth and employment generation.
He added that the revival plan designed by the Uttarakhand State Cooperative Federation (UCF) includes structural renovation and the installation of high-tech equipment to establish quality-based manufacturing systems.
The two units will manufacture traditional Ayurvedic formulations, including powders, tablets, syrups, oils, and pastes.
The core product line will feature standard formulations such as Mahashankh Vati, Arogyavardhini Vati, Triphala Churna, Ashwagandha Churna, Arjunarishta, Dashmularishta, Mahanarayan Taila, and Abhraka Bhasma.
Rawat said that the full operation of these facilities will generate more than 200 direct jobs for local youths in Ranikhet, Halduchaur, and adjoining areas. Additionally, between 500 and 1,000 farmers engaged in the cultivation of medicinal and aromatic plants will be integrated into the supply chain.
The minister noted that ancillary activities, including raw material supply, transport, processing, packaging, marketing, and distribution, are expected to create indirect livelihood opportunities for thousands of people.
According to Rawat, the cooperative department has set an annual turnover target of Rs 100 crore once both units operate at full capacity. This is projected to yield an annual profit of Rs 10 to Rs 15 crore.
The state government plans to position CDF and UMPL as nationally competitive entities through adherence to high quality control standards, he said.
Rawat emphasised that since Uttarakhand is rich in medicinal flora, the government intends to link local farming with commercial medicinal cultivation.
The revival project is designed to serve as a sustainable model for cooperative-based industrial development, combining ayurveda manufacturing with rural welfare and employment generation, he added.
Under this plan, the Co-operative Drug Factory (CDF) in Ranikhet and the Uttarakhand State Medicine and Paramedicals Ltd (UMPL) in Halduchaur will undergo extensive modernisation.
Both facilities will be equipped with modern machinery, advanced laboratories, and upgraded production systems to manufacture traditional Ayurvedic medicines.
Uttarakhand Cooperation Minister Dhan Singh Rawat said the state government is committed to using the cooperative sector as a vehicle for economic growth and employment generation.
He added that the revival plan designed by the Uttarakhand State Cooperative Federation (UCF) includes structural renovation and the installation of high-tech equipment to establish quality-based manufacturing systems.
The two units will manufacture traditional Ayurvedic formulations, including powders, tablets, syrups, oils, and pastes.
The core product line will feature standard formulations such as Mahashankh Vati, Arogyavardhini Vati, Triphala Churna, Ashwagandha Churna, Arjunarishta, Dashmularishta, Mahanarayan Taila, and Abhraka Bhasma.
Rawat said that the full operation of these facilities will generate more than 200 direct jobs for local youths in Ranikhet, Halduchaur, and adjoining areas. Additionally, between 500 and 1,000 farmers engaged in the cultivation of medicinal and aromatic plants will be integrated into the supply chain.
The minister noted that ancillary activities, including raw material supply, transport, processing, packaging, marketing, and distribution, are expected to create indirect livelihood opportunities for thousands of people.
According to Rawat, the cooperative department has set an annual turnover target of Rs 100 crore once both units operate at full capacity. This is projected to yield an annual profit of Rs 10 to Rs 15 crore.
The state government plans to position CDF and UMPL as nationally competitive entities through adherence to high quality control standards, he said.
Rawat emphasised that since Uttarakhand is rich in medicinal flora, the government intends to link local farming with commercial medicinal cultivation.
The revival project is designed to serve as a sustainable model for cooperative-based industrial development, combining ayurveda manufacturing with rural welfare and employment generation, he added.
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