December 2016 Current Affairs

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Patanjali to invest Rs 1,150 crore in 2017

Patanjali to invest Rs 1,150 crore in 2017
27 April 2016 Current Affairs: Patanjali Ayurved, the FMCG venture promoted by yoga guru Ramdev, will invest over Rs 1,150 crore in the current fiscal to set up six processing units and one R&D center as it chases a turnover of Rs 10,000 crore this year. 

The company is looking at doubling its turnover to Rs.10,000 crore in the current fiscal and these units will come up in Assam, Madhya Pradesh, Uttar Pradesh, Maharashtra, Haryana and Uttar Pradesh.We are looking at setting up units in drought-hit areas such as Vidharbh in Maharashtra and Bundelkhand region in Uttar Pradesh and Madhya Pradesh. At least four of these units will become operational by the end of this fiscal .The company is also working towards increasing its exports and enhance online presence.Haridwar-based firm has created four verticals - Home Care, Natural Cosmetics and Health Care, Natural Food and Beverages and Health Drink - as a strategy to expand and consolidate distribution network. 

It has a network of over 4,000 distributors, 10,000 stores and 100 Patanjali mega marts pan India.He further added Patanjali would spend around Rs 500 crore on cow protection and research center and setting up world class universities for vaidik education. 


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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