Riding high on the popularity of desi products, Yoga guru Swami Ramdev said by 2018-19, his fast-moving consumer goods (FMCG) company, Patanjali, will overtake Unilever and others and by 2020-21 Patanjali would become the world’s largest FMCG brand.
“In the next two years, Patanjali will create Rs 1 lakh crore production capacity. Presently our Haridwar facility has Rs 15,000 crore production capacity and the Tezpur facility has Rs 25,000 crore capacity. Our new facilities are coming up in Noida, Nagpur, Indore and Andhra Pradesh. We have 50 small units where we make edible oils, salt, etc. Even if we attain Rs 1 lakh crore production capacity, it will be hardly 10 percent of the total market size of Rs 10 lakh crore,” Ramdev told.
“By 2018-19, Patanjali will overtake Unilever and others as the topmost brand, and by 2020-21 Patanjali plans to become the world’s largest FMCG brand,” he added.
He said he has already prepared a plan of succession for his Rs 10,000 crore Patanjali group, saying that his “successor” will be a team of nearly 500 sadhus trained by him.
The yoga guru, who along with his associate Acharya Balkrishna, has created the massive FMCG group Patanjali within a short span of time, outlined his future plans, while indicating that his group would soon start selling jeans, trousers, kurtas, shirts, suitings, sportswear and yoga wear.
Ramdev also appealed to finance minister Arun Jaitley to lower the Goods and Services Tax (GST) on cow ghee and butter, that has been raised from 5 percent to 12 percent.
He called for boycott of Chinese and foreign goods, but pushed for export of Indian goods to China and other countries in the same vein.
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