Aiming Rs 1 lakh cr turnover for Patanjali group in next 5 years: Baba Ramdev
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Baba Ramdev said in a press conference on Friday that Patanjali will now produce palm oil itself. For its cultivation, 40 to 50 thousand farmers have joined Patanjali and in the coming time the number of farmers has to be increased to 5 lakh. In such a situation, 5 lakh farmers will be able to get direct employment after starting the production of palm oil in Patanjali. Farmers in 12 states including Assam, Telangana and Andhra Pradesh are cultivating palm oil by joining Patanjali. He said that last Thursday he had gone to Palm Plantation in Andhra Pradesh. The Prime Minister has also given a subsidy of Rs 12,000 crore to increase the production of edible oils in the country. Palm plantation work is to be done on 20 lakh acres of land. On the question of damage to the environment due to palm plantation, he said that it would greatly benefit the environment. Presently, plantation is being done on barren land including that land, which is not fertile. Due to this forest will grow, trees will grow, the amount of oxygen will increase, there will be more rain, the land will be fertile and the prosperity of the farmer will increase. There is no question of harming the environment. Dependence on import of edible oils will be reduced. He said that Patanjali would be able to produce one million tonnes of edible oils annually. This is a five year project. Palm sown in a day, lasts about 35 to 40 years.
On the occasion of launching new products of Patanjali Foods, Baba Ramdev said that at present the turnover of Patanjali Group is more than 45 thousand crore rupees and we have access to about 200 crore people in the world and 70 crore people in India. He said that we have removed many foreign companies from the Indian market by giving them headship. Now the company’s target is to achieve a turnover figure of Rs 1 lakh crore in the next 5 years. Baba Ramdev said that when it comes to foreign companies, only Unilever is ahead of Patanjali and it is expected that Patanjali will soon overtake Unilever as well. At present, this is the only company ahead of us in Foods, Agri and FMCG. Patanjali Foods has launched 14 new products. Patanjali Foods has launched a range of products including biscuits, Nutrela millet products and premium dry fruits in its drive to launch premium products. Baba Ramdev said that Patanjali has made a brand of cow ghee worth Rs 1500 crore and soon Buffalo Ghee will also be launched by Patanjali. Patanjali Foods Limited was earlier named Ruchi Soya Industries and after its acquisition by Patanjali, Ruchi Soya has been renamed as Patanjali Foods.
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