Today:- Mmbai, Aug – Yoga Guru Baba Ramdev is hoping to contribute to make India an economic super power on multiple levels besides yoga. His Patanjali Ayurved has already sold consumer brands from shampoos to noodle overtaking multinational ones.
“We now need to think long term as we should aim to make India an economic super power by 2040,” the saffron clad holy man said on the sidelines of a State Bank of India conclave here in Mumbai. Growth will be driven by local brands, he said.Baba Ramdev-led Patanjali group, which has given sleepless nights to FMCG giants like Hindustan Unilever and Colegate, reported 111 per cent rise in turnover to Rs 10,561 crore in 2016-17. Patanjali said it would double annual production capacity and number of distributors this year to “become biggest swadeshi brand within one to two years”.
Patanjali Ayurved expected revenue to hit Rs 20,000 crore in financial year 2017-18.