LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Companies News

Baba Ramdev: Patanjali to bring out more products from farm, food processing sector

Baba Ramdev-promoted Patanjali Ayurved is now focusing on the agriculture and food processing sector as it looks to bring out several products from the segment in the coming future.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Baba Ramdev: Patanjali to bring out more products from farm, food processing sector
Baba Ramdev-promoted Patanjali Ayurved is now focusing on the agriculture and food processing sector. Image source: Reuters
Written By: PTI
Updated: Tue, Oct 09, 2018
08:49 am
PTI
RELATED NEWS
Dabur, Patanjali question adulterated honey study by environment watchdog CSE Dabur, Patanjali question adulterated honey study by environment watchdog CSE
Honey sold by major brands in India adulterated with sugar syrup: CSE Honey sold by major brands in India adulterated with sugar syrup: CSE
In chat with Anil Singhvi, Swami Ramdev says Patanjali saved Ruchi Soya from going bankrupt | big REVEAL about jobs, investors' wealth In chat with Anil Singhvi, Swami Ramdev says Patanjali saved Ruchi Soya from going bankrupt | big REVEAL about jobs, investors' wealth
Modi government says this on claims of Patanjali Ayurved's COVID-19 treatment Modi government says this on claims of Patanjali Ayurved's COVID-19 treatment
Swami Ramdev led Patanjali launches Ayurvedic medicine Coronil to fight coronavirus: All you need to know Swami Ramdev led Patanjali launches Ayurvedic medicine Coronil to fight coronavirus: All you need to know

Baba Ramdev-promoted Patanjali Ayurved is now focusing on the agriculture and food processing sector as it looks to bring out several products from the segment in the coming future.

The company, which is working with farmers on the ground, is encouraging them to go for organic farming among them. 

"Now we are focusing more on agriculture and solar energy sector. The agriculture has a wide scope and Patanjali would work in several directions in the sector," Baba Ramdev told PTI.

He further added: "We would encourage organic farming and we are going to bring many products based on it. We are also working on food processing and we will make our efforts in this."

Patanjali Ayurved last month entered into the cow milk segment by launching cow milk and milk-based dairy products and also has plans to launch its apparel brand 'Paridhan'.

"We are trying to open at least 100 stores before March 2019," Ramdev said here on the sideline of an event organised by FICCI Ladies Organisation, the women business wing of the trade body.

On being asked about Patanjali's bid to acquire the debt-ridden firm Ruchi Soya, where it was competing with Adani group firm Adani Wilmar, Ramdev declined to comment saying that matter is now subjudice.

"That is now pending with the court (NCLT Mumbai)," he added

Adani Wilmar and Patanjali group have been engaged in a long-drawn battle to take over Ruchi Soya. While Adani Wilmar emerged as the highest bidder with a Rs 6,000 crore offer, Patanjali group came second with a Rs 5,700 crore bid.

Patanjali, which had recorded multi-fold growth in recent years, witnessed a marginal growth only last fiscal hit by the implementation of the GST regime finishing around Rs 12,000 crore.

In the 2016-17 financial year, Patanjali clocked a turnover of Rs 10,561 crore, registering a 111 per cent growth. 

On being asked about the growth this year, he said:" We expect this year to be good."

"Rs 12,000 crore is a decent amount and we would grow forward from here. We are aiming to make Patanjali as one of the leading FMCG company globally," Ramdev added.

Ramdev also clarified that Patanjali would not go for foreign equity and not be listed on any stock exchange, as it is a charitable firm. 

"Patanjali will not allow foreign equity or go in for a public issue," he said 

Ramdev, who had actively campaigned for the BJP in 2014 general elections said that he would be neutral in the coming general elections of 2019.

"I will also not campaign for any party and will remain neutral during the coming Lok Sabha elections in 2019," he said. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Patanjali
RELATED NEWS
Dabur, Patanjali question adulterated honey study by environment watchdog CSE Dabur, Patanjali question adulterated honey study by environment watchdog CSE
Honey sold by major brands in India adulterated with sugar syrup: CSE Honey sold by major brands in India adulterated with sugar syrup: CSE
In chat with Anil Singhvi, Swami Ramdev says Patanjali saved Ruchi Soya from going bankrupt | big REVEAL about jobs, investors' wealth In chat with Anil Singhvi, Swami Ramdev says Patanjali saved Ruchi Soya from going bankrupt | big REVEAL about jobs, investors' wealth
Modi government says this on claims of Patanjali Ayurved's COVID-19 treatment Modi government says this on claims of Patanjali Ayurved's COVID-19 treatment
Swami Ramdev led Patanjali launches Ayurvedic medicine Coronil to fight coronavirus: All you need to know Swami Ramdev led Patanjali launches Ayurvedic medicine Coronil to fight coronavirus: All you need to know

LATEST NEWS

YouTube's new feature will allow parents to choose what children can watch

This country passes law to make Google, Facebook pay for news

Daughter Bella to debut in Eddie Murphy-starrer ''Coming 2 America''

ZeeBiz raises critical questions on NSE trading glitch; Anil Singhvi demands inquiry, asks who will pay compensation for loss?

Big development! Government announces new guidelines to curb misuse of social media platforms; 3 tier mechanism for OTTs

Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details

Delhi air quality ''very poor'', AQI at 303

Gold Price Today – Price fall continues, yellow metal cheaper by Rs 80; Silver expensive by Rs 495 when markets opened on Thursday

Nureca IPO Listing: In talk with Anil Singhvi, Founder & CEO Aryan Goyal reveals company's outlook

PNB Scam: Big win for India; serious setback for Nirav Modi as he loses extradition fight

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved