Patanjali aims to become India’s largest FMCG company

By

Maverick Martins

Published
Jan 27, 2020

​Baba Ramdev-led Ayurvedic personal care brand Patanjali is aiming to be the country’s largest FMCG company, ahead of Hindustan Unilever (HUL), over the next five years.
 

The company expects to double its revenue to Rs 50,000 ($7 billion) in the next five years to topple HUL from its number-one position in the country.
 
Patanjali expects to clock revenue of Rs 25,000 crore for the current financial year and expects strong growth in the coming financial years.

"Consumption is expected to start showing signs of recovery in the coming financial year and Patanjali is not actively pursuing international joint ventures for now. We have multiple offers from MNCs on the same; at this point, we are looking to consolidate domestic operations,” Baba Ramdev told the Economic Times.
 
“Of the Rs 25,000-crore target, Rs 12,000 crore will come from its core Patanjali business, while the rest will be from Ruchi Soya. Over the next five years or so, we will have a turnover of around Rs 50,000 crore to Rs 1 lakh crore and will become the largest FMCG Company ahead of Hindustan Unilever (HUL),” Ramdev added.
 
Currently, HUL is India’s biggest packaged Consumer Goods Company and had reported revenue of more than Rs 38,000 crore in the previous fiscal year.