Patanjali Ayurved
   HOME

TheInfoList



OR:

Patanjali Ayurved is an Indian multinational conglomerate
holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
, based in
Haridwar Haridwar (; ) is a city and municipal corporation in the Haridwar district of Uttarakhand, India. With a population of 228,832 in 2011, it is the second-largest city in the state and the largest in the district. The city is situated on the righ ...
,
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
. It was founded by
Ramdev Ramdev (born Ram Kisan Yadav in 1965), also referred to by his followers with the honorifics Baba or Swami, is an Indian yoga guru, businessman and brand ambassador for Patanjali Ayurved. Ramdev is primarily known for being a proponent of yog ...
and
Balkrishna Balkrishna (known as Acharya Balkrishna, born 4 August 1972) is an Indian billionaire businessman and chairman of the consumer goods company Patanjali Ayurved. He was reported by ''Forbes'' to have a net worth of billion . According to Ashi ...
in 2006. Its office is in
Delhi Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders w ...
, with manufacturing units and headquarters in the industrial area of Haridwar. The company manufactures
cosmetic Cosmetic may refer to: *Cosmetics, or make-up, substances to enhance the beauty of the human body, apart from simple cleaning *Cosmetic, an adjective describing beauty, aesthetics, or appearance, especially concerning the human body *Cosmetic, a t ...
s,
ayurvedic medicine Ayurveda () is an alternative medicine system with historical roots in the Indian subcontinent. The theory and practice of Ayurveda is pseudoscientific. Ayurveda is heavily practiced in India and Nepal, where around 80% of the population rep ...
,
personal care Personal care or toiletries are consumer products used in personal hygiene, personal grooming or for beautification. Products Personal care includes products as diverse as cleansing pads, colognes, cotton swabs, cotton pads, deodorant, eye lin ...
and
food product Food is any substance consumed by an organism for nutritional support. Food is usually of plant, animal, or fungal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ing ...
s. The CEO of the company, with a 94-percent share hold, is Balkrishna. Ramdev represents the company and makes strategic decisions.


History

Ramdev Ramdev (born Ram Kisan Yadav in 1965), also referred to by his followers with the honorifics Baba or Swami, is an Indian yoga guru, businessman and brand ambassador for Patanjali Ayurved. Ramdev is primarily known for being a proponent of yog ...
and
Balkrishna Balkrishna (known as Acharya Balkrishna, born 4 August 1972) is an Indian billionaire businessman and chairman of the consumer goods company Patanjali Ayurved. He was reported by ''Forbes'' to have a net worth of billion . According to Ashi ...
established Patanjali Ayurved in 2006. Balkrishna owns 94 percent of the company, and the remainder is dispersed among other individuals. In May 2021, Balkrishna had a net worth of billion. According to
CLSA CLSA Ltd. (formerly known as Credit Lyonnais Securities Asia) is a capital markets and investment group focused on alternative investment, asset management, corporate finance and capital markets, securities and wealth management for corporate an ...
and
HSBC HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tri ...
, Patanjali was one of the fastest-growing
FMCG Fast-moving consumer goods (FMCG), also known as consumer packaged goods (CPG), are products that are sold quickly and at a relatively low cost. Examples include non-durable household goods such as packaged foods, beverages, toiletries, can ...
companies in India in 2016. It was valued at . Patanjali estimated its annual turnover for the 2016–17 fiscal year at . According to a report by
India Infoline IIFL Finance Limited (formerly IIFL Holdings Limited) d/b/a IIFL and India Infoline Finance Limited, is an Indian diversified financial services company headquartered in Mumbai. The organisation was founded by Nirmal Jain. IIFL and its group co ...
(IIFL), at least 13 listed companies would be affected by Patanjali's success; they included
Hindustan Unilever Hindustan Unilever Limited (HUL) is a consumer goods company headquartered in Mumbai, Maharashtra. It is a subsidiary of Unilever, a British company. Its products include foods, beverages, cleaning agents, personal care products, water purifi ...
, Colgate,
Dabur Dabur Ltd is an Indian multinational consumer goods company, founded by S. K. Burman and headquartered in Ghaziabad. It manufactures Ayurvedic medicine and natural consumer products, and is one of the largest fast-moving consumer goods (FMCG) ...
, ITC, and
Godrej Consumer Products Godrej Consumer Products Limited (GCPL) is an Indian consumer goods company based in Mumbai, India. GCPL's products include soap, hair colourants, toiletries and liquid detergents. Its brands include 'Cinthol', 'Godrej Fair Glow', 'Godrej No. ...
.


Revenue

Future Group Future Group is an Indian conglomerate, founded by Kishore Biyani and based in Mumbai. The company is known in Indian retail and fashion sectors, operating supermarket chains Big Bazaar and Food Bazaar, lifestyle stores Brand Factory and Centra ...
, which has joined with Patanjali, sells about worth of Patanjali products every month.


Production

Patanjali Food and Herbal Park in
Haridwar Haridwar (; ) is a city and municipal corporation in the Haridwar district of Uttarakhand, India. With a population of 228,832 in 2011, it is the second-largest city in the state and the largest in the district. The city is situated on the righ ...
is the company's main production facility. With a production capacity of , it is expanding to a capacity of through new production units in
Noida Noida, short for New Okhla Industrial Development Authority, is a planned city located in Gautam Buddha Nagar district of the Indian state of Uttar Pradesh. Noida is a satellite city of Delhi and is a part of the National Capital Region (NCR) o ...
,
Nagpur Nagpur (pronunciation: Help:IPA/Marathi, aːɡpuːɾ is the third largest city and the winter capital of the Indian state of Maharashtra. It is the 13th largest city in India by population and according to an Oxford's Economics report, Nag ...
, and
Indore Indore () is the largest and most populous Cities in India, city in the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. It is also considered as an education hub of the state and is t ...
. In 2016, the Patanjali Food and Herbal Park received 35 full-time, armed
Central Industrial Security Force The Central Industrial Security Force (CISF) is a federal police organisation in India under the Ministry of Home Affairs. It is one among the Central Armed Police Forces (CAPF). CISF provides security to over 356 industrial units (including 1 ...
(CISF) commandos. The park will be the eighth private institute in India to be guarded by
paramilitary A paramilitary is an organization whose structure, tactics, training, subculture, and (often) function are similar to those of a professional military, but is not part of a country's official or legitimate armed forces. Paramilitary units carr ...
CISF forces. In 2017, the Patanjali group launched their caller tune with Vaibhav Saxena's "
Swadeshi The Swadeshi movement was a self-sufficiency movement that was part of the Indian independence movement and contributed to the development of Indian nationalism. Before the BML Government's decision for the partition of Bengal was made public in ...
Swabhiman, Rashtra Seva Ka Abhiyan".


Controversies

Ramdev has had 100 cases filed against him by the
Government of Uttarakhand The Government of Uttarakhand also known as the State Government of Uttarakhand, or locally as State Government, is the subnational government of the Indian state of Uttarakhand and its 13 Districts. It consists of an executive branch, led ...
for a number of offences. Of these, 81 cases against
Patanjali Yogpeeth Patanjali Yogpeeth is a yoga institute located in Haridwar, Uttarakhand, India. Founded in 2006 and named after the Rishi Patanjali, the purpose of the institute is to practice, research, and develop yoga and ayurveda. The institute is the fla ...
and its sister concerns in Haridwar were registered for violations of the Zamindari Abolition and
Land Reforms Land reform is a form of agrarian reform involving the changing of laws, regulations, or customs regarding land ownership. Land reform may consist of a government-initiated or government-backed property redistribution, generally of agricultural ...
(ZALR) Act and the Indian Stamps Act. The company has been accused of misleading advertising about its products and flimsy testing before being marketed. Between April 2015 and July 2016, 33 complaints were received against 21 misleading advertisements; seventeen violated ASCI standards. In September 2017, the
Delhi High Court The High Court of Delhi (IAST: ''dillī uchcha nyāyālaya'') was established on 31 October 1966, through the ''Delhi High Court Act, 1966'', with four judges, Chief Justice K. S. Hegde, Justice I. D. Dua, Justice H. R. Khanna and Justice S. ...
ordered the company to stop airing an advertisement for its brand of
chyavanprash Chyavanprash (), originally Chayavanaprasham, is a cooked mixture of sugar, honey, ghee, Indian gooseberry (Phyllanthus emblica, amla) jam, sesame oil, berries and various herbs and spices. It is prepared as per the instructions suggested in Ayurv ...
which disparaged a competitor's. Company products, such as amla juice and ayurvedic medicines have been banned for poor quality. Patanjali has been cited for its working conditions; Ramdev and Balkrishna are treated as gurus whose feet must be touched each time they enter an area. Workers are paid per month, working 12-hour shifts, six days a week. They are also discouraged from asking for a raise, with the rationale that working at the factory is considered is a payment in itself. On 22 May 2021, the
Indian Medical Association The Indian Medical Association (IMA) is a national voluntary organisation of physicians in India. It was established in 1928 as the All India Medical Association, and was renamed the Indian Medical Association in 1930. It is a society registered ...
(IMA) in Uttarakhand sent a defamation notice of after remarks by Ramdev about doctors who practise
evidence-based medicine Evidence-based medicine (EBM) is "the conscientious, explicit and judicious use of current best evidence in making decisions about the care of individual patients". The aim of EBM is to integrate the experience of the clinician, the values of t ...
.


Infertility cure

One of the products manufactured by Ramdev's Divya pharmacy and sold by the Patanjali Pharmacy chain was Divya Putrajeevak Seed, described in its catalog as a natural herb which (according to the company) could treat infertility. However, doctors pointed out the misleading name of the drug: the word ''"putrajeevak"'' ( "son's life" ). Some Patanjali Pharmacy stores sold the drug with the claim that it would ensure the birth of a boy, reportedly leading to an increase in sales. The issue was raised in the
Indian Parliament The Parliament of India ( IAST: ) is the supreme legislative body of the Republic of India. It is a bicameral legislature composed of the president of India and two houses: the Rajya Sabha (Council of States) and the Lok Sabha (House of the ...
in July 2015 by opposition members who accused Ramdev of "peddling a product which promised delivery of male children." The Ministry of AYUSH (which oversees the sale of alternative medicines) defended the product's name, saying that it was named after a herb. In 2016, the Uttarakhand health department said that the drug violated the
Pre-Conception and Pre-Natal Diagnostic Techniques Act, 1994 Pre-Conception and Pre-Natal Diagnostic Techniques (PCPNDT) Act, 1994 is an Act of Parliament, Act of the Parliament of India enacted to stop female foeticides and arrest the declining sex ratio in India. The act banned prenatal sex determinati ...
. The Maharashtra government ordered a probe of whether the drug had violated laws in 2018, and Congress leaders in the state demanded a ban on the drug.


Ganges pollution

In January 2018, villages in
Haridwar district Haridwar district () also spelled as ''Hardwar'' is a district in Garhwal which is a part of Uttarakhand, India. It is headquartered at Haridwar which is also its largest city. The district is ringed by the districts Dehradun in the north and ...
complained that Patanjali's Padarth factory was polluting a
Ganges The Ganges ( ) (in India: Ganga ( ); in Bangladesh: Padma ( )). "The Ganges Basin, known in India as the Ganga and in Bangladesh as the Padma, is an international river to which India, Bangladesh, Nepal and China are the riparian states." is ...
channel and other local rain-fed bodies of water with
surface runoff Surface runoff (also known as overland flow) is the flow of water occurring on the ground surface when excess rainwater, stormwater, meltwater, or other sources, can no longer sufficiently rapidly infiltrate in the soil. This can occur when th ...
; chemicals released by the factory reportedly killed several animals in the area. The local government took no action on the factory due to Ramdev's influence, and residents of 40 villages threatened agitation. The Uttarakhand Environment Conservation and Pollution Control Board ordered a clean-up of the waste flowing through the area. In the past, the board had notified Padarth about its release of untreated industrial effluent into local bodies of water. Patanjali's general manager denied the allegations, saying that the company followed established protocols.


Amla juice

The Ministry of Defence canteen stores department (CSD) suspended Patanjali Ayurved's amla juice after receiving an adverse state laboratory test report on the product; the central food laboratory found the juice unfit for consumption. The CSD asked its depots to make
debit note A debit note or debit memorandum (memo) is a commercial document issued by a buyer to a seller as a means of formally requesting a credit note. Debit note acts as the Source document to the Purchase returns journal. In other words it is an ev ...
s for their existing stock, so the product could be returned.


FSSAI notices

Patanjali introduced its
instant noodles Instant noodles, or instant ramen, is a type of food consisting of noodles sold in a precooked and dried block with flavoring powder and/or seasoning oil. The dried noodle block was originally created by flash frying cooked noodles, and this is ...
on 15 November 2015. The
Food Safety and Standards Authority of India Food Safety and Standards Authority of India (FSSAI) is a statutory body established under the Ministry of Health & Family Welfare, Government of India. The FSSAI has been established under the Food Safety and Standards Act, 2006, which is a co ...
notified the company that neither Patanjali nor Aayush, the brand names for which Patanjali obtained licenses, received approval for the manufacture of instant noodles. In
Rajasthan Rajasthan (; lit. 'Land of Kings') is a state in northern India. It covers or 10.4 per cent of India's total geographical area. It is the largest Indian state by area and the seventh largest by population. It is on India's northwestern si ...
,
mustard oil Mustard oil can mean either the pressed oil used for cooking, or a pungent essential oil also known as volatile oil of mustard. The essential oil results from grinding mustard seed, mixing the grounds with water, and extracting the resulting vol ...
sold by Patanjali was found substandard by the FSSAI's
Alwar Alwar (Pronunciation: Help:IPA/Hindi and Urdu, lʋəɾ is a city located in India's National Capital Region (India), National Capital Region and the administrative headquarters of Alwar district, Alwar District in the state of Rajasthan. ...
laboratory.


Ayush Ministry against false advertisements

Ministry of AYUSH The Ministry of Ayush, a ministry of the Government of India, is responsible for developing education, research and propagation of traditional medicine systems in India. Ayush is a name devised from the names of the alternative healthcare syste ...
has advised certain states to take necessary action against Baba Ramdev’s Patanjali Ayurved for illegally promoting products that claimed to cure
diabetes Diabetes, also known as diabetes mellitus, is a group of metabolic disorders characterized by a high blood sugar level ( hyperglycemia) over a prolonged period of time. Symptoms often include frequent urination, increased thirst and increased ap ...
, heart and liver diseases. The Ministry has specifically sought action against the advertisements of three Patanjali products — Lipidom, Livogrit and Livamrit.


Fake COVID-19 treatment

Patanjali Ayurved announced a drug named Coronil for
COVID-19 Coronavirus disease 2019 (COVID-19) is a contagious disease caused by a virus, the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The first known case was COVID-19 pandemic in Hubei, identified in Wuhan, China, in December ...
treatment in June 2020, with Ramdev claiming that it cured the disease. There was no clinical data to prove that the new drug was effective or even safe; this prompted a social-media backlash which questioned the role of the Ministry of AYUSH. Within hours of Coronil's introduction, the ministry issued a statement denying authorisation for the new drug and asking the company to stop selling (and advertising) it until the trial results were examined by medical authorities. An official from the ayurved department of the
government of Uttarakhand The Government of Uttarakhand also known as the State Government of Uttarakhand, or locally as State Government, is the subnational government of the Indian state of Uttarakhand and its 13 Districts. It consists of an executive branch, led ...
said that the approval application for Coronil had not mentioned COVID-19. Laboratory tests showed that the drug did not contain any ingredients which could treat or prevent coronavirus infections. The Indian government allowed Patanjali Ayurved to market Coronil as an immunity booster (not a cure), but the
Government of Maharashtra The Government of Maharashtra is the state governing authority for the state of Maharashtra, India. It is a democratically elected government with 288 MLAs elected to the Vidhan Sabha for a five-year term. Maharashtra has a Maharashtra Legisla ...
has banned the sale of Coronil in the state.
First information report __NOTOC__ A first information report (FIR) is a document prepared by police organisations in Indian subcontinent and Southeast Asian countries including Myanmar, India, Bangladesh and Pakistan when they receive information about the commissio ...
s were filed in Bihar and Rajasthan against Ramdev, Balkrishna and others, accusing them of dishonesty and selling fake medicines. Patanjali responded to the accusations, saying that they did not violate any procedures before the drug was launched. A
Madras High Court The Madras High Court is a High Court in India. It has appellate jurisdiction over the state of Tamil Nadu and the union territory of Puducherry. It is located in Chennai, and is the third oldest high court of India after the Calcutta High C ...
judge fined the company for making false claims about the drug, and Patanjali withdrew its claim that Coronil could cure COVID-19. The UK drug regulator threatened action if unauthorized products were sold in the UK. The government of Maharashtra banned Coronil in the state in June 2020, with home minister
Anil Deshmukh Anil Vasantrao Deshmukh is an Indian politician from the state of Maharashtra. He is a senior leader of the Nationalist Congress Party. Deshmukh served as the Minister for Home Affairs in Government of Maharashtra between 2019 and 2021. Deshmu ...
threatening the company with legal action if they did not observe the ban. The Madras High Court also barred Patanjali Ayurved from using the name "Coronil". The court’s order came while it heard a suit filed by a Chennai-based firm which said that it had owned the trademark "Coronil" since 1993. Making an earlier interim injunction against Patanjali absolute, Madras High Court Justice C. V. Karthikeyan also imposed the fine on the company. In his ruling, the judge observed that Patanjali had been "chasing further profits by exploiting the fear and panic among the general public by projecting a cure for the coronavirus when their 'Coronil Tablet' is not a cure".
Nepal Nepal (; ne, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne, सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlocked country in South Asia. It is mai ...
and
Bhutan Bhutan (; dz, འབྲུག་ཡུལ་, Druk Yul ), officially the Kingdom of Bhutan,), is a landlocked country in South Asia. It is situated in the Eastern Himalayas, between China in the north and India in the south. A mountainous ...
halted the distribution of donated Coronil after orders from their governments to disclose that it was not a medicine to cure COVID-19.


False claims of government and WHO approvals

In February 2021, ''
The Indian Express ''The Indian Express'' is an English-language Indian daily newspaper founded in 1932. It is published in Mumbai by the Indian Express Group. In 1999, eight years after the group's founder Ramnath Goenka's death in 1991, the group was split betw ...
'', ''
The Times of India ''The Times of India'', also known by its abbreviation ''TOI'', is an Indian English-language daily newspaper and digital news media owned and managed by The Times Group. It is the third-largest newspaper in India by circulation and largest ...
'', ''
The Hindu ''The Hindu'' is an Indian English-language daily newspaper owned by The Hindu Group, headquartered in Chennai, Tamil Nadu. It began as a weekly in 1878 and became a daily in 1889. It is one of the Indian newspapers of record and the secon ...
'' ''and
Livemint ''Mint'' is an Indian financial daily newspaper published by HT Media, a Delhi-based media group which is controlled by the K. K. Birla family that also publishes ''Hindustan Times''. It mostly targets readers who are business executives and ...
'' reported Patanjali Ayurved's claim that Coronil had been approved by the Ministry of AYUSH and certified by the
World Health Organization The World Health Organization (WHO) is a specialized agency of the United Nations responsible for international public health. The WHO Constitution states its main objective as "the attainment by all peoples of the highest possible level of h ...
. The reports indicated that Ramdev had released studies showing that Coronil was effective against COVID-19 at a press conference attended by Union Health Minister Harsh Vardhan and transport minister
Nitin Gadkari Nitin Jairam Gadkari (; born 27 May 1957) is an Indian politician from Maharashtra who is the current Minister for Road Transport & Highways in the Government of India. He is also the longest serving Minister for Road Transport & Highways cu ...
. In a ''
News Nation News Nation is an Indian free to air Hindi news television channel. News Nation is owned by News Nation Network Pvt Ltd. History “News Nation” is an Indian Hindi-language news channel owned and promoted by News Nation Network Pvt Ltd wh ...
'' interview, Ramdev accused doctors of "allopathic terrorism" for doubting Coronil's effectiveness. The claim was endorsed by
Bharatiya Janata Party The Bharatiya Janata Party (BJP; ; ) is a political party in India, and one of the two major Indian political parties alongside the Indian National Congress. Since 2014, it has been the ruling political party in India under Narendra Modi ...
spokesperson Sanju Verma, who called it "... a huge endorsement for Ayurveda India's homegrown StartUp ecosystem that has flourished under @narendramodi govt." Verma described the approvals granted to Coronil as a "slap in the face" to the BJP's opposition. On 22 February, the WHO said that it had not "... reviewed or certified the effectiveness of any traditional medicine for the treatment #Covid19.” Several news and fact-checking outlets, including ''
The Wire ''The Wire'' is an American Crime film, crime drama Television show, television series created and primarily written by author and former police reporter David Simon. The series was broadcast by the cable network HBO in the United States. ''The ...
'', ''
Alt News Alt News is an Indian non-profit fact checking website founded and run by former software engineer Pratik Sinha and Mohammed Zubair. It was launched on 9 February 2017 to combat fake news. In October 2022 Harsh Mander (author, activist and di ...
'',
BBC News BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadca ...
and ''
The Economic Times ''The Economic Times'' is an Indian English-language business-focused daily newspaper. It is owned by The Times Group. ''The Economic Times'' began publication in 1961. As of 2012, it is the world's second-most widely read English-language bus ...
'', ran fact-checking articles debunking Ramdev and Patanjali's claims; Coronil had received an export license, and had not received any approval regarding its effectiveness as a treatment against Covid-19. Patanjali Ayurveda CEO Balkrishna admitted on Twitter that the approval for Coronil had not come from the WHO or the Ministry of AYUSH (as they had claimed), but had been granted by the
Drugs Controller General of India Drugs Controller General of India (DCGI) is the head of department of the Central Drugs Standard Control Organization of the Government of India responsible for approval of licences of specified categories of drugs such as blood and blood p ...
for exportnot as a certification of effectiveness.


Taking control over Dalit's lands

In August 2022,
Newslaundry ''Newslaundry'' is an Indian media watchdog that provides media critique, reportage and satirical commentary. It was founded in 2012 by Abhinandan Sekhri, Madhu Trehan and Prashant Sareen, all of whom earlier worked in print or television jour ...
published a report alleging that Patanjali took control of
Dalit Dalit (from sa, दलित, dalita meaning "broken/scattered"), also previously known as untouchable, is the lowest stratum of the Caste system in India, castes in India. Dalits were excluded from the four-fold Varna (Hinduism), varna syste ...
's lands for cow shelter and herb farms in Teliwala village, Uttarkhand through force and circumvention of laws, making people there landless. With their land in control of Patanjali, Dalits have no choice other than working for the company or migrating elsewhere for finding employment.


Products

Patanjali Ayurved produces cosmetics and personal-care, ayurvedic and food products. The company opened Patanjali Paridhan, a clothing store in Delhi, in November 2018.


Sales and distribution

In May 2016, the company had nearly 4,700 retail outlets. Patanjali also sells its products online, and is planning to open outlets at
railway stations A train station, railway station, railroad station or depot is a railway facility where trains stop to load or unload passengers, freight or both. It generally consists of at least one platform, one track and a station building providing such ...
and
airports An airport is an aerodrome with extended facilities, mostly for commercial air transport. Airports usually consists of a landing area, which comprises an aerially accessible open space including at least one operationally active surface ...
. The company joined Pittie Group and
Kishore Biyani Kishore Biyani is an Indian businessman who is the Founder & CEO of Future Group, one of India's biggest brick-and-mortar retailers. He is also the founder of retail businesses such as Pantaloon Retail and Big Bazaar. According to ''Forbes'' ...
's
Future Group Future Group is an Indian conglomerate, founded by Kishore Biyani and based in Mumbai. The company is known in Indian retail and fashion sectors, operating supermarket chains Big Bazaar and Food Bazaar, lifestyle stores Brand Factory and Centra ...
on 9 October 2015, making its products available in Future Group outlets. Patanjali Ayurveda products are also available at
Reliance Retail Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries. Founded in 2006, it is the largest retailer in India in terms of revenue. Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement ...
, Hyper City and Star Bazaar.
"Patanjali Ayurved to invest Rs 1,150 crores, eyes doubling revenue" The Hindu
The company had a target revenue of revenue in 2016–17, after sales increased by 150 percent in the previous financial year to .


Acquisition

In December 2019, Patanjali reportedly acquired bankrupt Ruchi Soya, Ruchi Soya Industries for .


See also

*
FMCG in India The fast-moving consumer goods (FMCG) industry or consumer packaged goods (CPG) industry is mainly responsible for producing, distributing and marketing fast-moving consumer goods. The FMCG industry is the fourth largest sector in the Economy of In ...


References


External links

*{{official 2006 establishments in Uttarakhand Ayurvedic companies Companies based in Uttarakhand Food and drink companies established in 2006 Food and drink companies of India Indian brands Patanjali Ayurved Pharmaceutical industry of India Ramdev