Published 15:55 IST, December 20th 2018
Patanjali Ayurved co-founder Baba Ramdev outlines 3 aims for Patanjali and himself
Patanjali co-founder Baba Ramdev outlined three aims for his enterprise and himself on Wednesday while speaking on a panel with OYO Hotels founder Ritesh Agarwal and Republic TV's Editor-in-Chief Arnab Goswami, during the Republic Summit
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Patanjali co-founder Baba Ramdev and OYO Hotels founder Ritesh Agarwal spoke to Republic TV's Editor-in-Chief Arnab Goswami during a panel discussion on "Disrupt to Surge' on Wednesday in inaugural Republic Summit. During conversation, two leing entrepreneurs talked to Goswami on what inspired m to form ir company, ir learnings and how y plan to take ir companies global.
During discussion, Baba Ramdev went on to speak about three aims he h for his enterprise and himself. Here is what he said:
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1. That Patanjali becomes India's biggest FMCG company by 2020 and becomes world's biggest FMCG company by 2025.
"We have a vision for 2020 - to be India’s biggest FMCG company. And for 2025, we will be world’s biggest FMCG maker. In India, Patanjali will be bigger than biggest FMCG maker by 2020. We have beaten 99% of companies," he said.
He explained why he believes his company can do so well. "When you say natural products, Ayurveda, people will look at India. As we have over 4 lakh herbs and research on 60,000 of m has been done by us."
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He said that global FMCGs have failed to make a mark in terms of creating natural products. "A global company has created a natural product but has been struggling for years," he said.
He ded that Patanjali has alrey taken a global leap. "After March, we are going to go global. China government has offered 10,000-acre land and offered money to create our products."
2. To have a global university which is in world's top 100 ranking list
"In next 10-15 years, we will have a university in world’s top 100 universities. It will be a global university and where y will learn all this kwledge," he said.
"We (Patanjali) have only one slogan - It is 100% profit for charity," he ded.
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3. His ambition for himself and country
Ramdev explained his dream: "As a child, I used to say Bharat Mata ki Jai. But only saying won't translate to action. I want to see farmers, business, media service, everyone strong. I felt what can I do to make India's ecomy stronger than America by 2050."
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He explained how far he wanted to reach out in terms of impacting people through his work as a Yoga guru and a business leer.
"I have only one inspiration in next 50 years in this country, I want to do something that benefits at least 5 crore people."
He also spoke about work he h done so far as a Yoga Guru.
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He spoke about his initiatives as he of Patanjali. "I have united 1 crore farmers and will do so for 5 crore more... We will give employment to over 5 lakh people more."
16:50 IST, December 19th 2018