Besides, the company is aspiring to further strengthen its presence and lead in most of the product categories. The reported revenue of the company is said to be of Rs 10, 561 crore for the previous year.
Yoga guru Ramdev today asserted that "we would grow more than double this year".
Ramdev went on to say that Patanjali was looking at a growth rate of 100% for FY 2017-'18.
"Our Noida facility would have a production capacity of Rs20,000 crore, Nagpur 15,000 crore to Rs 20,000 crore and Indore Rs5,000 crore, " Ramdev pointed out.
The Haridwar-based FMCG firm in order to achieve its ambitious target is reaching more consumers across the country and also targeting Muslim community.
It also aims to double its distributors' count from 6,000 to 12,000. In FY 2016-17, Patanjali Ayurved contributed Rs9,634 crore to its turnover, while Divya Pharmacy that manufactures ayurvedic medicine had clocked Rs870 crore sales.
Patanjali's Ayurved division is the star performer for the brand. At Rs 825 crore, Patanjali's hair oil sales are higher than that of key player Bajaj Corp.
"Dant Kanti has now 14 per cent market share in the segment". Honey is around Rs350 crore and would grow to Rs500-600 crore this year, " Ramdev said.
The company is now planning to double the revenue to Rs.21,000 for this fiscal year. People try to spread rumours about Patanjali. "We have good quality, affordable prices, and are ploughing back profits for product innovation". While addressing the conference, Baba Ramdev announced the launch a new business policy called "Prosperity for Charity" under which he would set up a residential school for the children of soldiers who have been killed.
Patanjali has said it plans to develop a Rs 1,000-crore food park at the Multi-model International Cargo Hub and Airport, Nagpur (MIHAN), packaging juices made from the city's famous oranges, among other things.
Company's MD and CEO, Acharya Balkrishna, also said that the Patanjali, in future will also enter textiles industry (jeans and sportswear) to compete with the brands like Nike, Levis and Adidas.
"We will start exports in a big way from the next financial year. We will venture into the segment very soon".
The one glaring hole on the UFC's roster for the last several years has been the absence of a women's flyweight division. Women's flyweight would be the UFC's 12th weight class, and its fourth women's division.
The standard deduction would double from $6,300 to $12,600 for single individuals and from $12,600 to $24,000 for married couples. But we don't know the income levels for those brackets, so we have no idea how that would affect individual taxpayers.
For most observers, the eta Aquariids are only visible during the last couple of hours before the start of morning twilight. Every year for almost a month, from late April to late May, the Eta Aquarid meteor showers are visible from Earth.
Bagels, told to Fox News about the craft-coffee craze amongst young people (you and me) that inspired the caffeinated bagel . Bagels is giving a FREE Espresso Buzz bagel and shmear to any nurse who stops by a participating Einstein Bros.
Vadra land deals have seriously impacted the Congress' political fortunes by directly besmirching the Gandhis . Justice SN Dhingra Commission report was originally submitted on August 31 previous year .
Barely 24 hours ago, North Korea tested a short range missile that failed instantly, in the face of widespread worldwide pressure. The launch is North Korea's 50th-known round of ballistic missile firing since Kim Jong-un took power in late 2011.
As a result Canada's trade surplus with the United States narrowed from Can$4.5 billion in February to Can$4.0 billion in March. Statscan revised February's deficit to $1.08 billion from an initial $972 million.
The Oilers clawed back to even the score at three with Connor McDavid burying the tying goal with an incredible power play effort. To a man, the Ducks said all they had to do was keep playing the way they did in Game 2 and they'd find a way to beat Talbot.
Goldblum is also set to star in upcoming Disney film Thor: Ragnarok , which is opening on November 3 this year. Based on the events of Jurassic World, it sounds like Cromwell's Lockwood will have a bone to pick with B.D.
Hit by NASCAR penalty, Logano says team doesn't cheat
Gordon's suspension means that Sunday's race at Talladega will be a race with interim crew chiefs for both Team Penske cars. NASCAR typically takes the race victor and a random vehicle or two to the R&D center for further tear down after a race.
North Korea warns China of terrible consequences
According to Tillerson, Washington and Moscow were working to see if trust could be rebuilt by starting one issue at a time. It criticised China's "ignorant politicians and media" for supporting stricter sanctions on North Korea.
Baahubali 2 crosses 500 crore mark in three days
Stay tuned for more updates on further information of Baahubali 2: The Conclusion story, movie reviews, and songs. The film , which was released to over 6,000 cinema screens across India, saw a record level of advance bookings.
Breath of the Wild: first DLC detailed
Nintendo has finally revealed some long-awaited information about its expansion pass for The Legend of Zelda: Breath of the Wild . Once he clears a room of enemies, he'll proceed to the next, all en route to awakening the "true power of the Master Sword ".
Trump Warns North Korea's Missiles Will Get Better
John McCain of Arizona said "I don't think so" when asked whether Trump is considering a preemptive strike on North Korea. That means, Lt Gen McMaster said, working to enforce current United Nations sanctions and perhaps ratcheting them up.
Ravens select Houston LB Bowser in 2nd round of NFL draft
This is a deep draft and Newsome would like to take advantage of that talent pool. "We kind of expect to do that every year". I love them". "It's definitely a blessing to be part of that legacy and part of this team", Humphrey said.