Ramdev's 2017 Wishlist Includes Patanjali Products Across 30 Lakh Shops, Factories Worth Rs 1 Lakh Crore!

Patanjali Ayurved, the FMCG venture promoted by yoga guru Ramdev, on Saturday announced that it has a target to reach out to over 30 lakh shops by next year and get into e-commerce trade in a big way by 2017. The Haridwar-based firm will set up manufacturing plants in Assam.

AFP

The Assam facility, which will come up with an investment of Rs 1,200 crore, will have a manufacturing facility of 10 lakh tonnes per year.

This will be the largest facility of Patanjali in the country and Patanjali Herbal and Mega Food Park in Balipara in Assam will be fully operational by March next year.

Patanjali has around 50 manufacturing units across the country. Ramdev who was in Guwahati on Saturday said, ¡°Out target is to create production facilities worth Rs 1 lakh crore in the next five years.

PTI

Patanjali has around 5,000 retail outlets and its products are available in 10 lakh shops; we have a target to scale to 30 lakh shops by next fiscal year.¡±

Ramdev also outlined his e-commerce plans. ¡°A couple of companies are making big losses on the retailing platform and despite that they are selling goods at discounted prices. We will enter e-commerce in a big way by next year.

BCCL

However, we will ensure that products are delivered sans big discounts.¡± He added ¡°I will promote saleri and muga silk and cane products of Assam. We are getting in a big way into the apparel and textile segment.¡±