Baba Ramdev's Patanjali aims to beat Nestle, P&G & Colgate
Patanjali Ayurved, co-founded by televangelist Ramdev, is targeting Rs 10,000-crore revenue in 2016-17, after sales grew 150 per cent in the previous financial year to Rs 5,000 crore. The revenue target, if achieved, will put Patanjali Ayurvedahead of multinationals like Nestle, Colgate-Palmolive andProcter & Gamble in India. Read more from our special coverage on " PATANJALI AYURVED " Patanjali to invest Rs 1,150 crore in FY17; eyes doubling revenue SEA to move FSSAI, ASCI against Patanjali mustard oil ad The new business tycoons Delhi-headquartered Patanjali Ayurved has four business divisions: home care, cosmetics and health, food and beverages, and health drinks. The company would venture into khadi products and animal feed this year, Ramdev said. Patanjali Ayurved, founded in 2007, has grown more than 10 times in revenue in five years, an unprecedented feat in India's fast-moving consumer goods industry. "This is just the beginning. Ne...