Industry visits play an important role in the MITSOM College education programme. Students are taken for industry visits in and around Pune where they interact with the company people and have a first-hand experience of how a corporate entity actually works. The crucial purpose behind this programme is to accustom students to the industrial practices and the workings of the corporate world. Students are exposed to practical situations and events in companies thereby honing their corporate skills and industry understanding.

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About company
1. PATANJALI FOOD & HERBAL PARK PRIVATE LIMITED
Patanjali Food & Herbal Park Private Limited is a Private incorporated on 27 January 2009. It
is classified as Non-govt company and is registered at Registrar of Companies, Uttarakhand.
Its authorized share capital is Rs. 230,000,000 and its paid up capital is Rs. 229,384,000. It is
inolved in Production, processing and preservation of meat, fish, fruit vegetables, oils and
fats.
Patanjali Food & Herbal Park Private Limited's Annual General Meeting (AGM) was last
held on 29 September 2018 and as per records from Ministry of Corporate Affairs (MCA),
its balance sheet was last filed on 31 March 2018.
Directors of Patanjali Food & Herbal Park Private Limited are Acharya Balkrishna, Swami
Mukta Nanda, Bhupesh Chandra Tewari, Sunil Kumar Chaturvedi, Devendra Kumar, Sudhir
Kumar-Aggarwal, .
Patanjali Food & Herbal Park Private Limited's Corporate Identification Number is (CIN)
U15122UR2009PTC032768 and its registration number is 32768.Its Email address is
rkpandey@pfhppl.com and its registered address is Administrative Building Village -
Padartha, Laksar Road, Haridwar Haridwar UR 249404 IN , - , .
Current status of Patanjali Food & Herbal Park Private Limited is - Active.
Patanjali Ayurved Ltd has achieved a tremendous presence around the globe and
throughout India in a very small time since its inception in 2006. We have more than 47000
retail counters, 3500 distributors, multiple warehouses in 18 states and proposed factories
in 6 states.
With a growth rate of 130%, the Patanjali Group is planning to make a foray into major
global markets. As the group is already present in markets like the US, Canada, the UK,
Russia, Dubai and some European countries, it is willing to spread its wings wider and
farther.
Patanjali Ayurved Limited is a leading manufacturer and marketer of herbal, nature based
products and medicines. Its products are today available in around 10 countries across the
world through authorized channels , helping people move towards a more healthy and natural
lifestyle.

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Backed by one of the largest manufacturing facilities in the world and state of art laboratories
comprising modern instruments & equipments to ascertain and maintain strict quality control,
Patanjali overseas business today spans key countries in almost all continents.
Organization is registered with US FDA and is an active member of many government and
semi-government trade promotion organizations.
2. Company Overview
Patanjali Ayurved Ltd.
CIN: U24237DL2006PLC144789
Patanjali Ayurved Limited was established in 2006 with a thought of rural and urban
development. The company is not merely an organization but a thought of creating a healthy
society through Yog and Ayurved.
We value our consumers and we believe by providing quality products a quality life for them
can be created. This is our primary apprehension and thus, we try to take every measure to
ensure quality like the Unique ID system to stop fake products.
We recognize farmers as our main assets. They provide herbal and organic products on
contract farming. The company takes various initiatives for farmers to raise their income and
provide surety towards sale of their produce.
Farmers are provided with all sorts of technical-aid and necessary information about efficient
farming. Our manufacturing units process consumables like food items, medicines etc. These
are made available to consumers through a wide network of Authorized Patanjali Stores and
retails shops.
Our efforts in the sectors of social welfare, health, philosophy and spirituality are guided by
our values. We consider ‘guru satta’ and ‘bhagwat satta’ above everything else. We believe in
optimum utilization of our capabilities for the betterment of the society. Our functionality and
concepts make us a distinguished organization.
Our increasing processing units, retail outlets across the nation and the flourishing sale-profit
figures illustrate our glorious journey so far. Our consistency in growth and expansion is due
to the ever-increasing trust.
We are a leading name in the sector. We aim to grow and expand to enhance our concept of
wellness of individuals and the society.

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3. Vision
Keeping Nationalism, Ayurved and Yog as our pillars, we are committed to create a healthier
society and country. To raise the pride and glory of the world, we are geared up to serve
people by bringing the blessings of nature into their lives. With sheer dedication, scientific
approach, astute planning and realism, we are poised to write a new success story for the
world.
4. Mission
Making India an ideal place for the growth and development of Ayurveda and a prototype
for the rest of the world.
5. Leadership
Yogrishi Swami Ramdev Ji
Yogrishi Swami Ramdev Ji was born to Smt. Gulab Devi and Shri Ram Niwas in a village of
Haryana. He had his early education in a village school. At the age of 14 he was admitted to
the Gurukul at Kalwa (near Jind, Haryana) where under the blessed tutelage of Acarya Shri
Baldevji he studied Sanskrit and Yoga, and earned a postgraduate (Acarya) degree with
specialization in Sanskrit Vyakaraṇa, Yoga, Darsana, Vedas and Upaniṣads, later he was very
much inspired by the life and writings of Maharṣi Dayanand Saraswati and he thoroughly
studied Satyartha Prakasa, RG Vedadi Bhasya Bhumika etc. Along-side the magnetism of
Maharsi. Patanjali as an exponent of Yoga, Sanskrit Grammar and Ayurveda continued to
exert its influence on him.He has explained in detail the benefits accruing from yoga in his
two popular hindi books on the subject: 1. Yoga Sadhana evam Yoga Chikitsa Rahasya, 2.
Praṇayama Rahasya.
Acharya Balkrishna Ji
Acharya Balkrishna Ji (born 25 July, 1972), a multi-faceted personality, is a popular authority
on Ayurveda and a renowned medicinal plant expert. He is a companion of Swami Ramdev
who is known for Yoga Revolution in the World and a founding pillar of Patanjali Yogpeeth
and Divya Yoga Madir (Trust). He is a man who has uplifted the spiritual tradition of ancient
saints.
Acharya Balkrishna Ji is a renowned scholar and a great guide under whose guidance and
leadership Ayurvedic treatment and research has touched new dimensions. Indians regard
Acharyaji as an empowerer of Ayurvedic system of medicine. His efforts have significantly
contributed to the social, cultural, educational and economic aspects of India along with the
establishment of remarkable standards in the domains of literature and therapy at a global
level.

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6. Products
A. NATURAL FOOD PRODUCT
 MARIE BISCUITS 120gm
 PATANJALI DOODH BISCUITS 100gm
 DIVYA HERBAL PEYA 50gm
 BURA 1KG
 Etc.
B. NATURAL HEALTH CARE
 PATANJALI MANGO DRINK (L)1L
 DESI GHEE 1kg
 PACHAK HING GOLI 100gm
 PACHAK HING PEDA 200gm
 SPECIAL CHYAWANPRASH 1kg
C. NATURAL PERSONAL CARE
 PATANJALI DRISHTI EYE DROP
 DIVYA DHARA
 DANT KANTI
 AASTHA PREMIUM SINDOOR
 HERBAL MEHANDI
 Etc .

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D. AYURVEDIC MEDICINES
 TAMRA SINDOOR
 PEEDANTAK VATI
 DIVYA MEDHA VATI-EXTRA POWER
 JAHARMOHRA PISHTI
 SHUDDH SHILAJEET (SAT)
 SINGHNAD GUGGUL
 Etc .
E. HERBAL HOME CARE
 Detergent Cake Popular
 Detergent Powder Premium
 Detergent Cake Popular
 Etc .
7. INTERNAL CONTROL SYSTEM
7.1. INTRODUCTION:
Internal control is a technique used by managers/Top Mangement to help an organization
achieve these objectives. Internal Control Process of Patanjali Ayurved Limited is to provide
reasonable assurance that Company achieves its objectives in the following categories:
 Reliability of financial reporting
 Effectiveness and efficiency of operations,
 Compliance with applicable laws and regulations.

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7.2. INTERNAL CONTROL – METHODS
 Authorization of transactions – review of particular transactions by an appropriate person.
 Segregation of duties – separating authorization, custody, and record keeping roles to prevent
fraud or error by one person.
 Retention of records – maintaining documentation to substantiate transactions.
 Supervision or monitoring of operations – observation or review of ongoing operational
activity.
 Physical safeguards – usage of cameras, locks, physical barriers, etc. to protect property.
 Top-level reviews-analysis of actual results versus organizational goals or plans, periodic and
regular operational reviews, metrics, and other key performance indicators (KPIs).
 IT general controls – Controls related to: a) Security, to ensure access to systems and data is
restricted to authorized personnel, such as usage of passwords and review of access logs; and
b) Change management, to ensure program code is properly controlled.
 Setting budgets to establish the criteria for expected state of affairs of the Company.
 Determining the risks associated with the operations and activities of the Company and
taking effective measures to control the same.
 Complying with the Risk Management Policy, Policy for Prevention of Fraud, Related Party
Transaction Policy so as to ensure the effective control.
7.3. RESPONSIBILITY OF MANAGEMENT
 Planning
 Organizing
 Directing
 Controlling
7.4. FRAMEWORK
 The Board recognises its responsibilities to present a fair, balanced and understandable
assessment of Company’s Position and prospects. The Board has accountability for reviewing
and approving the effectiveness of internal controls operated by the Company, including
financial, operations and compliance controls and risk management.
 The Managing Director / Directors of the Company has overall responsibility for designing
and implementing effective internal control. More than any other individual, they set the

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“tone at the top” that affects integrity and ethics and other factors of a positive control
environment and for fulfilling this duty they provide leadership and direction to Head of
Department.
 Head of Department, in turn, assign responsibility for establishment of more specific internal
control policies and procedures to personnel responsible for the department functions.
 Every Employee in an organization has the responsibility for internal control to some extent.
All employees produce information used in the internal control system or take other actions
needed to affect control. Also, all personnel are responsible for communicating to seniors
about the problems in operations, noncompliance with the code of conduct / applicable laws,
or other policy violations or illegal actions.
7.8.ADDITIONAL MEASURES
1. Audit committee
The audit committee, performs the following functions :
i. Review and monitor the auditor’s independence and performance, and effectiveness
of audit process;
ii. Examination of the financial statement and the auditors’ report thereon;
iii. Approval or any subsequent modification of transactions of the company with related
parties;
iv. Scrutiny of inter-corporate loans and investments;
v. Valuation of undertakings or assets of the company, wherever it is necessary;
vi. Evaluation of internal financial controls and risk management systems;
vii. Monitoring the end use of funds raised through public offers and related matters.
viii. Audit Committee is also monitoring the adequacy of the internal controls of the
Company.
2. Internal & Statutory Audit
The Internal auditors and statutory auditors of the Company also measure the effectiveness of
internal control through their efforts. They assess whether the Methods of controls are
properly designed, implemented and working effectively, and make recommendations to the
management for improving the Internal Control System. They will provide reasonable
assurance that internal controls involved in the financial reporting process are effective, They

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are required to opine on the internal controls of the company and the reliability of its financial
reporting.
8. IMPLEMENTATION
The Committee may issue guidelines, procedures, formats, reporting mechanism and manuals
in supplement and for better implementation of this policy as considered appropriate.
The Committee may Delegate any of its powers to one or more of its members.
9. Ayurvedic Medicine Formulations
9.1.Introduction
Ayurvedic system of medicine is as old as the Vedic age. Now–a–days people give
preference to the Ayurvedic medicines as the allopathic medicines are costlier and have side
effects. Ayurvedic medicines are based on plants, animals extract and minerals both in single
ingredient drugs and compound formulations, however, Ayurveda does not rule out any
substances from being used as a potential source of medicine. Ayurvedic compound
formulations are mainly divided into two groups viz. (1) Kasthausadhi (predominantly plant
drugs) and (2). Rasausadhi (predominantly metals and minerals). There are several categories
of Kasthausadhi formulations such as Asavaristra, Avleha, Grafa Churena, Taila etc. and of
Rasausadhis such as Bhasma, Pisti, Lauha, Kapibadkva, Rasayana etc. The Ayurvedic drugs
are derived from vegetable sources from the various parts of the plant like root, leaf, flower,
fruit extrude or plant as a whole. There are about 21 varieties of compound formulations in
which some of the single drugs of animal origin (52 Nos). Mineral origin (55 Nos.) and plant
origin (351 Nos.) are used. There details of the single drugs and other particulars can be had
from the Ayurvedic formulary of India, published by Govt. of India, Ministry of Health and
Family Welfare.

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9.2. Market Potential
There is more recognition for nonallopathic system of medicines in the country now than the
past few decades. The concept of alternative system of treatment notably herbal and
Ayurvedic medicines therapy is gaining ground and attracting attention worldwide. There is
more and more scientific research being conducted in our country for treatment of various
diseases by Ayurvedic and herbal therapy. A large number of diseases have Ayurvedic
treatment much superior to the other system of medicines and this has been recognized world
over. Thus Ayurvedic medicines/drugs are becoming popular day-by-day and demand for its
usage is increasing not only in the country but also worldwide the inherent quality of
Ayurvedic treatment of having negligible side/after effects, has made great potential for its
production. A large number of medicinal plants, herbs, shrubs etc. are available in our
country in the hilly/forest regions. In order to boost the production of Ayurvedic/herbal
drugs, Govt. of India has also set up a Board namely Indian system of Medicine and
Homeoepathy to encourage production of Ayurvedic medicines specially in the regions
where basic raw materials are available in plenty. Thus there is a great potential for
Ayurvedic medicines not only in the country but for export purpose also.
9.3. Basis and Presumptions
 The project is based on two shift basis and 300 working days in a year.
 Cost of a machinery and equipment indicated in the profile refer to a particular make
and prices are approximate to those prevailing at the time of preparation of project
profile. Depreciation on machinery and equipment has been taken @ 10% of the cost
of machinery and equipment.
 Break-even point has been calculated at the full capacity utilization.
 The margin money has been taken 25% of the total capital investment.
9.4. Implementation Schedule
 The following steps are involved in the implementation of the project
 Selection of site 1 month
 Preparation project profile 1 month
 Registration of the unit form DI/DIC 15 Months

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 No objection certificate from Pollution Control Board, 15 days
 Approach commercial bank 1 month
 Installation and commissioning and of machinery and equipment 15 days
 Recruitment of staff 1 month
 Arrangement of raw materials 15 days
 Keeping in view the overlaps of the activities, normally 6 to 8 months are required to
implementation project.
9.5. Technical Aspects
Process of Manufacture
Ayurvedic medicines are available in the form of powder, tablets, pills, liquid and semisolid
which are classified into the following different categories
1. Bhasm
2. Aristha and Asavsa
3. Rasa Rasayan
4. Lauha
5. Bati
6. Churna
7. Avaleha
8. Ghrita
9. Parpati
10. Taila
11. Goggulu

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Method of Preparation
1. Bhasm
Nanomedicine is the relevance of nanotechnology in the area of healthcare, diagnosis of
disease, cure and prevention of disease. Nanotechnology covers the diverse area of matters at
dimensions between approximately 1 to 100 nanometers. Nanotechnology has enormous
applications in drug delivery field. Nano drug delivery systems can reduce the drug
consumption and side-effects by lowering the deposition of the active agent in the non
targeted sites. Ayurveda is thousands of years old holistic system of Indian medicine. Various
herbs, metals and non-metals preparations are used as medicine in Ayurveda. In the
Ayurvedic description, several metallic preparations called Bhasma are in clinical use since
8th century AD. The Puta system of Ayurveda describes that metals or minerals should be
heated at high temperature for melting and then it quench in suitable media like herbal juices
or decoction for specified times. The Bhasma (incinerated metals) is obtained by repeating
these methods several times. In this process the toxic effects of the metals are not only
nullified but are transformed into biologically active nanoparticles. When various Bhasmas
viz. Swarna bhasma, Makshika bhasma, Abhrak bhasma, Tamra bhasma and Louha bhasma
were subjected to analysis under electron microscope it was found that they were similar to
nanocrystalline materials possessing similar physico-chemical properties. The therapeutic
effect of Bhasma may be attributed to large surface area of materials and small particle size
by which they can easily transported into cell nucleus and to specific target sites as desired.

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2. Aristha and Asava
Asavas and Aristhas are made by soaking the herbs either in powder form or in the form of
decoction (kasaya) in a solution of sugar or jugglery, as the case may be, for a specific period
of time, during which it undergoes a process of fermentation generation alcohol and
facilitates the extraction of the active ingredients contained in the herbs.
3. Rasa Rasayan
Ayurvedic medicines containing mineral drugs as main ingredients are called Rasa rasayan or
Ras-yoga. They are in pill form or in powder form/ forest, minerals such as Anrala, Swarna,
Rajata, Tamra etc. and sulphur impurified state are used to convert bhasma form, called
kajuali then other drugs are added in small quantities, mixed well and grounded to form fine
powder.
4. Lauha
Lauha kalpas are preparation of Loha Bhasma as main ingredient with other drugs. The other
active ingredients are made to fine powder and mixed with Loha Bhasma.
5. Vati or Gutika
Medicines prepared in the form of tablets or pills are kown as vati or gutika, these are made
of one or more drugs of plant, animal or mineral origin.
6. Churna
Churna is a fine powder form of drugs. All these herbs and other active ingredients are
cleaned, dried and powdered together by mechanical means to the fineness of at least 80
mesh.
7. Avaleha Madak Paak
Avaleha or lehya is a semi-solid preparation of drugs. These are prepared by the additon of
jagger sugar or sugar dandy and boiled with prescribed drug juices decoction, Honey, if
required, is added when the preparation is cold and mixed well.
8. Ghrita
Ghrita are preparations in which ghee is boiled with prescribed Kasayas (Decoction) and
kalkas of drugs according to formulation as per Ayurvedic formulary.

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9. Parpati
First Kajjali is prepared with purified Mercury and sulphur. Then other drugs as per
Ayurvedic Formulae are added and mixed well in grinder. The powder is then heated in iron
vessel and melted. This melted material is purified as per Ayurvedic method, cooled and
again flakes of medicines are powdered.
10. Taila
Tailas are prepared by boiling prescribed kasyas (decoction ) and kalkas of drugs in oils
according to the formula prescribed in Ayurvedic formulary.
11. Goggulu
Ayurvedic medicines prepared by the exudates, and obtained from the plant commiphara
mukul, are known as Goggulu. There are five different varieties of Goggulu in Ayurvedic
Shastra but usually two varieties, mahiskasa and kanaka are preferred for medicinal
preparation. Exudates in small pieces are taken in a piece of cloth and boiled in gomutara or
Dugdha or Triphala kasayua until the exudates pass into the fluid through the cloth to the
maximum. The fluid after filtering is boiled till it forms a mass. After drying, the mass is
formed into a paste by adding ghee till it becomes waxy.
10. Quality Control and Standards
At present there is no pharmacopial standard on each of the active ingredients of Ayurvedic
medicine like allopathic medicine. For standardization and quality control of Ayurvedic
drugs, various steps can be followed like physical description, physical tests,
pharmacoginised techniques etc, to ascertain the species of plant and study their
pharmacoginostic character for the purpose of identification detection and analyzing the
crude drug. Generally quality of Ayurvedic products is fully dependent on the quality of raw
materials and process of manufacture. The quality control process of some Ayurvedic
formulations can be contained from 'Pharmacopica Laboratory of India Medicine, near
ALTC, Ghaziabad (U.P)'. The products are to be manufactured as per Indian system of
medicines of Ministry of Health.

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References
1. Ayurvedic treatment https://www.webmd.com/balance/guide/ayurvedic-treatments#1
2. Industrial-formulationhttp://sagar.nic.in/image/Industry/4-
%20AGRO,%20FOREST%20&%20FOOD%20PROCESSING%20BASED%20IND
USTRIES/Ayurvedic%20Medicine%20Formulations.pdf
3. Company vision and mission https://patanjaliayurved.org/vision-mission.html
4. Company overview https://patanjaliayurved.org/company-overview.html
5. Products http://patanjaliayurved.org/natural-food-product.html
http://patanjaliayurved.org/product-category/herbal-home-care/
6. http://stellarix.com/fusce/a-report-on-patanjali-ayurveda/
7. http://patanjaliayurved.org/internal-control-system.html
8. https://www.slideshare.net/SurajChincholkar/patanjali-ayurveda-pvt-ppt
9. https://shodhganga.inflibnet.ac.in/bitstream/10603/29437/12/12_chapter%204.pdf
10. http://patanjaliayurved.org/ayurvedic-medicines.html