Hotline: 1800 102 2007
X
Search Business Opportunities
May, 26 2017

​Ghee likely to get costlier under GST

Cow ghee contributes 15%, estimated at Rs 1,467 crore, to Patanjali’s overall revenue

Yoga guru Ramdev, founder of Patanjali, invoked cow slaughter to argue against GST on ghee, the top grosser in the brand’s portfolio. Under the GST regime, the levy on ghee has been increased from 5% to 12%.

Senior executives at Patanjali said, "This will not only increase prices of one kilogram of ghee by Rs 40-50 but will also impact Patanjali’s ghee sales by around 50%."

Cow ghee contributes 15%, estimated at Rs 1,467 crore, to Patanjali’s overall revenue. Patanjali makes disinfectant from cow urine and fertilisers from dung. While it has already launched milk powder, it will soon start selling packaged cow milk.

Ramdev said, “When the livelihood of lakhs of farmers and cowherds are at stake, I am sure the government will take notice."

Comment
image
Related opportunities
  • About Us: MCTA provides Job Ready Certification Programs in Digital Marketing..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 650
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Furniture/Home Decor & Furnishing
    About Us : Bubblegum furniture, established in 2015, is a concept..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • About Us: An award-winning institution located in New Delhi’s Punjabi Bagh,..
    Locations looking for expansion New Delhi
    Establishment year 2008
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • Ice creams & Yogurt Parlors
    About Us: Established in 2016, Pop Hop is a unique and..
    Locations looking for expansion Karnataka
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 120
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities