Hotline: 1800 102 2007
X
Search Business Opportunities
Dec, 07 2016

​Patanjali Ayurved targets to up its production to one lakh crore by 2020

Ramdev said, "Our target is to take our inhouse production to Rs 50,000 crore in the next two-three years and ultimately reach the target of Rs one lakh crore by 2020."

Yoga guru Baba Ramdev said his FMCG venture Patanjali Ayurved is targeting to shore up its production to Rs one lakh crore by 2020.

At the 'Agenda Aaj Tak' event, Ramdev said, "Patanjali has been registering 100 percent growth for the last four years and this year too we have been growing at the same pace. Our target is to take our inhouse production to Rs 50,000 crore in the next two-three years and ultimately reach the target of Rs one lakh crore by 2020."

The aim to end the hegemony of international companies on the Indian economy, he said.

Ramdev added, "Our imports consist of over Rs 25 lakh crore while another Rs 25 lakh crore is taken away by foreign companies. If we need to break this hegemony and our dependence on foreign companies, we need in house production of at least Rs.100 lakh crore. Our endeavor is to create and promote Indian entrepreneurship."

He said, "Demonetisation has broken the back of terrorism and Naxalism (Maoism) as their entire funding was in black money. This move will effectively address the issue of black money. However, the government should continue to take further steps to ensure black money does not make a comeback to the system," he said.

Ramdev further said: "Maybe there was needed some more preparation for implementing the scheme but at the same time, it could have lead to leaking of information and the entire exercise would have failed."

He also said that the government needed to reconsider its decision to introduce the Rs 2,000 notes.

Comment
Related opportunities
  • Competitive Exam Coaching Institute
    About Us: Trishul Defence Academy is one of the leading defense..
    Locations looking for expansion Uttar pradesh
    Establishment year 2004
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Lucknow Uttar pradesh
  • Snacks / Namkeen shops
    About:     Started in India’s IT city Bengaluru, ‘Shake It Off’ is..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Bakery & Confectionary
    About Us:  Established in 2006, Oya kekars is hugely popular pastry..
    Locations looking for expansion Maharashtra
    Establishment year 2006
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Bars, Pubs & Lounge
    An enthusiastic bunch of astronomers, space cadets and chefs came..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 8000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
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