Patanjali eyes Rs 1 lakh-crore turnover in next 5 years

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Patanjali eyes revenue of Rs. 100,000 crore in next five years.

Ahmedabad: Baba Ramdev-led home-grown FMCG major Patanjali Ayurved, which posted a turnover of Rs 10,561 crore in the last fiscal, is now looking at a 10-fold jump in sales in the next five years.
“Our turnover was Rs 10,561 crore last (fiscal) year. Now, we are targeting to achieve a turnover of Rs 1 lakh crore in the next five years,” said Ramdev at a press conference here on May 10.
On the occasion, the yoga guru-cum-entrepreneur announced his company will donate an equal amount of money for various social causes during the next 20 to 25 years.
“Foreign companies (operating in India) do not give anything for charity, while we donate 100 per cent of our profit for the betterment of the society. We have set a target of giving away Rs 1 lakh crore for charity, including for education, during the next 20 to 25 years,” he said.
Asked about his plans for Gujarat, Ramdev said the Patanjali Yogpeeth may come up with a ‘Cow Research Centre’ in the state.

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