Patanjali Food and Herbal Park Private Limited can be defined as one of India’s fastest growing fast-moving consumer goods producers (FMCG), as it registers a revenue of Rs 5,000 crore in the fiscal year 2015-2016, up from Rs 2500 crore in the previous year.
Addressing a press conference at the Constitutional Club, Yoga Guru Baba Ramdev said that the Haridwar-based company has recorded a growth of 1100 per cent in the last 4 years.
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The emerging entrepreneur also revealed that the next target of Patanjali is to achieve Rs 10,000 crore turnover in current fiscal.
Emphasising that he owns an international brand now, Ramdev expressed optimism of the product overtaking Nestle and Colgate.
He said “In a few years, the Patanjali products will make Nestle’s bird fly away and shut the gate in Colgate.”