The company manufactures mineral and herbal products. Patanjali Ayurvedic Limited is one of the fastest growing Indian FMCG company which was established in 2006 by Baba Ramdev along with Acharya Balkrishna. Good to know... Best of luck to Patanjali team... Inciting hatred against a certain community, How to transform your career during pandemic. Patanjali already has around 50 manufacturing units across India. It was listed 13th in the list of India’s most trusted brand as of 2018 and ranked first in FMCG category. Patanjali Ayurved founders Ramdev and Bal Krishna held a press conference in Haridwar on Thursday in which they pegged the company’s annual turnover for FY 2016-2017 at Rs 10,561 crore. The company is reported to manufacture not only traditional clothes such as Kurta Payjama but also popular western clothes such as jeans. Advance Navigation and Solar Technologies Pvt. It's a major soyabean product player in India. Patanjali eyes Rs 1 lakh-crore turnover in next 5 years 10 May, 2017, 09.39 PM IST "Our turnover was Rs 10,561 crore last (fiscal) year. The Ministry of Defence's canteen stores department (CSD) had suspended the sale of Patanjali Ayurved's amla juice after receiving an adverse state-laboratory test report on the product under political influence sponsored by India's oldest and longest ruling party. The new plant will be the largest facility of Patanjali in India and will be operational by March 2017. The revenue graph is rather impressive and the numbers speak for themselves. [22][23][24] The park will be the eighth private institute in India to be guarded by CISF paramilitary forces. [8] It was listed 13th in the list of India's most trusted brands (The Brand Trust Report) as of 2018, and ranks first in FMCG category. Today Patanjali’s turnover stands close to USD . Their average gross turnover is 25000 every day. [37] Within hours of the launch, the Ministry of AYUSH issued a statement, denying having given clearance for the launch of the new drugs and asking the company to stop selling or advertising the product until the trial results were examined by medical authorities. [70], In December 2019, Patanjali has acquired bankrupt Ruchi Soya Industries at a valuation of ₹4350 crore. [24], In 2017, Patanjali group launched their official Caller Tune with their slogan 'Swadeshi swabhimaan, rashtra seva ka abhiyaan' music composed by Vaibhav Saxena.[25]. (see exhibit). The Haridwar-based firm has reported a revenue of Rs 1,793 crore in April-June and Rs 1,769 crore in July-September in the ongoing fiscal, a company official said. Patanjali’s consumers mostly came from its great Yoga and Ayurveda network. The company manufactures mineral and herbal products. Patanjali has earned 870 crore revenue from the Ayurveda medicines. [10][11][12], Balkrishna owns 99.6% of Patanjali Ayurved, and as of March 2018, has a net worth of ₹43,932 crore (US$6.1 billion). [17][18][19], Patanjali Food and Herbal Park at Haridwar is the main production facility operated by Patanjali Ayurved. In 2016, Patanjali has announced to enter the textile manufacturing centre. It's revenue for 2016-17 crossed Rs 10,000 crore from nearly Rs 500 crore just six years ago. [42] Following the launch two FIRs were registered in Bihar and Rajasthan against Ramdev, Balkrishna, and others, accusing them of cheating and selling fake medicines. [38][39][40]An officer from the Ayurved department of the Government of Uttarakhand stated that the approval application for the new drugs had not mentioned COVID-19. [35][36] There was no clinical data to prove that these new drugs were effective or even safe, and this prompted a backlash on social media, with people questioning the role of the Ministry of AYUSH. The company has a production capacity of ₹35,000 crore (equivalent to ₹380 billion or US$5.3 billion in 2019) and is in the process of expanding to a capacity of ₹60,000 crore (equivalent to ₹690 billion or US$9.7 billion in 2019) through its new production units at several places, including Noida, Nagpur, and Indore. [43][44] Patanjali responded to the accusations claiming that they did not violate any procedure leading up to the launch. [59], Patanjali Ayurved sells through nearly 4,700 retail outlets as of May 2016. But one ex-employee said Patanjali had also chopped several hundred posts since mid-2017. According to India infoline finance Ltd. IIFL, Acharya Balkrishna accounts for […] Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. [52] As per the tie-up with Future Group, all the consumer products of Patanjali will be available for the direct sale in Future Group outlets. [4] The company manufactures mineral and herbal products. Patanjali Ayurved, is an Indian consumer goods company, manufacturing units and headquarters are located in the industrial area of Haridwar, Uttarakhand while the registered office is located at Delhi. [69], Patanjali Ayurved has also started its FMCG expansion in form of dealership and distributorship channels across the country and expects wider growth in overseas distribution as well. [15][20][21], In 2016, the Patanjali Food and Herbal Park was given a full-time security cover of 35 armed Central Industrial Security Force (CISF) commandos. Yoga guru Baba Ramdev, who calls himself a brand ambassador of Patanjali Ayurved, has set for the company an ambitious target—Rs 20,000 crore in annual revenues. ", "Patanjali is disrupting India's consumer space", "HSBC Global Rsearch cuts target prices of Britannia Dabur and Nestle between 6% and 16%, says Patanjali", "Ramdev's Patanjali shakes up FMCG order; next up 'nutritious restaurants, "India's Most Trusted Brands 2018 — Tata, Maruti, Honda & BMW Among The Most Trusted Auto Brands", "Baba Ramdev's Business Empire Soars, With His Own Rising Profile", "Patanjali sales growth grinds to a halt in FY18", "Patanjali and its grand plans: Ramdev expects Rs 20,000 cr revenue in FY18", "Patanjali reports Rs 8,339 crore revenue in FY 19; food items account for 62% of total sales", "Baba Ramdev's Patanjali Group compels FMCG firms Hindustan Unilever and Dabur to expand portfolio", http://www.india.com/news/india/patanjali-ayurved-doubles-its-profit-in-one-year-set-to-catch-up-with-rivals-1051546/, "Ramdev's Food Park Gets Round-The-Clock Protection From Paramilitary CISF", "Ramdev's food park gets full-time CISF cover", "Swadeshi ringtone: Patanjali aims to stretch its outreach", https://hindustantimes.com/india-news/baba-ramdev-s-patanjali-products-fail-uttarakhand-quality-test/story-bXo4XySEajw7ZDby4GISML.html, "Defence canteens remove Ramdev's Patanjali amla juice after adverse lab report", "FSSAI sends notice to Baba Ramdev's company", "Trouble mounts for Ramdev's Atta Noodles, FSSAI issues notice to Patanjali Ayurved", "No Approval for Patanjali Instant Noodles, Says Food Safety Regulator", "Patanjali's Atta Noodles in trouble: Baba Ramdev breaks silence, drags Modi govt into controversy", "Coronavirus treatment: Ramdev's Patanjali launches Coronil kit for ₹545", "Baba Ramdev's Patanjali launches Ayurvedic medicine Coronil for coronavirus! 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