Patanjali Turnover Clocks 10,561 In FY17, Ramdev Sets Higher Goal

Patanjali is looking to double its sales at over Rs 20,000 cr this fiscal. Ramdev plans to dislodge foreign players.

Patanjali Ayurved founders Swami Ramdev and Acharya Bal Krishna display the companys products at its annual press conference (Photo: PTI)

Baba Ramdev-led Patanjali is looking at a two-fold jump in sales at over Rs 20,000 crore this fiscal as it plans to double its distribution network to 12,000 across the country.

Besides, the company is aspiring to further strengthen its presence and lead in most of the product categories.

The Haridwar-based FMCG firm had clocked a turnover of Rs 10,561 crore in the financial year ended March 31, 2017.

We would grow more than double this year. By next year, Patanjali would be in the leading position and in most of the product categories, it would be number one

The company is in the process of setting up mega production units at several places, including Noida, Nagpur, and Indore, which would take its production capacity to Rs 60,000 crore from the existing Rs 35,000 crore.

Video Editor: Mohd Ibrahim