Patanjali Group Will Create 5 Lakh Jobs in Coming Year

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Patanjali Group Will Create 5 Lakh Jobs in Coming Year | In an announcement on Friday, Yoga Guru Baba Ramdev announced plans for four Patanjali group companies to go public over the next five years.

Patanjali Group Will Create 5 Lakh Jobs

Patanjali Ayurved, Patanjali Medicine, Patanjali Lifestyle, and Patanjali Wellness are these four companies.

Currently, Patanjali Foods is the only brand listed on the stock exchanges.

Patanjali Group aims in five years to reach a turnover of Rs 1 lakh crore, Swami Ramdev said at a press conference. On the other hand, the company also plans to create 5 lakh direct jobs.

“Patanjali Ayurved is well-established and most ideal from the perspective of an IPO in terms of profitability, product portfolio, customer base, reach, and future projections. These factors make it most favourable for an IPO and it could be the first one to get listed.” Baba Ramdev added.

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To modernize its testing facilities, Patanjali has invested around Rs 500 crore to Rs 1,000 crore in research and development.

“All products are tested multiple times before it comes out. We also export our products to several countries which have very high-quality standards,” he added.

In 2006, Patanjali Ayurved Limited was established with the idea of improving rural and urban areas. We are not merely an organization, but a vision to create a healthy society through Yog and Ayurveda.

Quality products are provided by the company to ensure a quality life for its consumers. As a result, it takes every measure to ensure quality, such as the Unique ID system to prevent fake products. Farmers are the company’s main assets.

Ruchi Soya Industries’ name was changed to Patanjali Foods after the company purchased Patanjali Ayurved’s food business in June 2022.

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