ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

India's Patanjali eyes tenfold revenue increase in 5 years

Consumer goods brand co-founder Baba Ramdev talks of challenging Nestle, Unilever

Patanjali co-founders Baba Ramdev, right, and Acharya Balkrishna have no plans to list their rapidly growing operation. (Photo by Kiran Sharma)

NEW DELHI -- India's Patanjali group companies look to challenge foreign and local producers of fast-moving consumer goods, with plans to increase combined turnover nearly tenfold to 1 trillion rupees ($15.5 billion) in the next five years via expanded distribution and exports.

Patanjali's revenue last year soared 110% to 105.61 billion rupees. Baba Ramdev, the yoga guru who co-founded the company and serves as brand ambassador, cited the target of 1 trillion rupees Wednesday during a visit to Ahmedabad in Gujarat state.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more