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Patanjali aims to invest Rs 1,000 crore on expansion

The FMCG venture Patanjali Ayurved, promoted by yoga guru Baba Ramdev, is going to invest Rs 1,000 crore next year for expansion and plans to sharpen focus on e-commerce and exports.

Patanjali has 15,000 stores across the country and it aims to add more products in the segments where it already has presence such as dairy, instant foods, baby care, natural cosmetics and health supplements.

“We are likely to invest about Rs 1,000 crore in 2016 for various initiatives,” said Ramdev.

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