Pantanjali Ayurved to double the revenue for FY17 to Rs. 10k Crores

Yogi and an important protagonist, Baba Ramdev is all set to earn twice as much as revenues to Rs. 10,000 crores by March 2017.

Having planned to invest around Rs. 1,000 crores, they will be setting up close to six processing units and an R&D centre.

They are working to accelerate the production of dairy products like paneer, milk, cheese, buttermilk and on animal feed and even yoga apparels. Quite hopeful and concerned about the increasing plight of the drought prone regions like 625-patanjali-facebook_625x322_61451549161Bundelkhand, Marathwada and Vidarbha, Ramdev mentioned, “At the same time, we will build processing centres in drought hit regions such as Bundelkhand, Vidarbha and Marathwada for crops such as Amla, Aloe Vera, Tomatoes and Tulsi, which will need minimal water.”

Highlighting the patriotic feelings Ramdev informed the press,”Many MNCs are trying to hurt Patanjali’s prospects with several strategies such as encouraging fake product testing. But at the same time, top-level executives from companies such as Unilever and P&G, who have patriotic feelings are joining us. All our products are about patriotism and purity.”

He has claimed Patanjali Ayurved to have the highest tax payer in Uttarakhand and supposedly pays hundreds of crores of rupees as taxes.

Acharya Balkrishna, the MD of Patanjali Ayurved, who owns around 94% stake in the company, has talked over the impact of the new age digitalisation, “We are also digitalising around 1,200 Patanjali Chikitsalayas that willn ow be interconnected online.”

Sanika Govekar

About Sanika Govekar

An avid reader with a love for English, an achiever; she has a burning desire to succeed. She wants to make a difference to the society and strongly believes that self-discipline and a monumental work ethic can beat natural ability. Aim to Major in Economics.
Tags:

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

©2024 SpectralHues. Powered by SpectralHues. Designed by Vipul Madhani

Log in with your credentials

Forgot your details?