BusinessPatanjali Biggest Disruptive Force In FMCG Space: Report
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Patanjali Biggest Disruptive Force In FMCG Space: Report
Patanjali witnessed an annual growth of 146 per cent in fiscal year 2016
Acharya Bal Krishna owns close to 94 per cent Patanjali Ayurved
In 2015, the total Indian FMCG market was $43 billion
Patanjali Ayurved, the fast moving consumer goods venture is promoted by yoga guru Ramdev.
New Delhi: Patanjali Ayurved, the FMCG venture promoted by yoga guru Ramdev, was the biggest disruptive force in India's fast moving consumer goods (FMCG) market, according to a report.
"Patanjali Ayurved has turned out to be the most disruptive force in the Indian FMCG market...it witnessed a whopping annual growth of 146 per cent in fiscal year 2016 grossing a turnover of $769 million, whereas its peers including ITC, Dabur, Hindu...