In the following five years, Patanjali will conduct four initial public offerings: Ramdev Baba

16 September, New Delhi, India (ANI): On Friday, yoga master Baba Ramdev revealed that Patanjali Group would conduct at least four initial public offerings (IPOs) over the course of the following five years.

“Now we are prepared to get public five Patanjali group firms by floating four IPOs in the next five years,” Baba Ramdev stated while announcing Patanjali’s Vision 2027, a five-year expansion plan.

We have decided to make sure Patanjali’s work is acknowledged in gold letters in 2047, the year we commemorate the 100th anniversary of our freedom. We intend to introduce IPOs of our four other firms, including Patanjali Ayurved, Patanjali Wellness, Patanjali Medicine, and Patanjali Lifestyle, after Patanjali Foods Limited, he said.

According to him, we have already begun developing an action plan to help these five upcoming public firms reach their goal of having a market value of Rs. 5 lakh crore.

For the following five years, Baba Ramdev announced five visions.

Patanjali is playing a significant part in releasing the nation from the shackles of the foreign medical system and the Macaulay-introduced Western education system alongside the push to make the nation self-sufficient by promoting Swadeshi. According to him, Patanjali Wellness uses yoga, ayurveda, naturopathy, and an integrated system of medicines that is founded on research to treat ailments permanently.

In order to make the nation self-sufficient in edible oils, the government recently unveiled a programme of subsidy investment worth Rs. 11,044 crore through the National Mission on Edible Oils – Oil Palm (NMEO OP).

In order to comply with the plan, Patanjali Foods intends to establish an oil palm plantation on more than 15 lakh acres of land spread across 55 districts throughout 11 Indian states. This significant programme is being run by Patanjali to combat hunger, unemployment, and poverty. More than five lakh people would receive additional jobs thanks to Patanjali’s numerous programmes, according to Baba Ramdev.

In terms of oil palm farms, Patanjali Foods will be the biggest company in the nation. once sown. Oil palm trees produce income over the following 40 years. In the following five to seven years, the goal is to generate yearly returns of roughly Rs 2,000 crore. This will contribute to the nation becoming entirely self-sufficient in edible oils.

The Patanjali Group currently has a revenue of about Rs 40,000 crore. The target is to make it Rs 1,00,000 crore in the next 5-7 years, Baba Ramdev said.

“Our company will play a big role in making India a global economic superpower by becoming the largest FMCG company in the country. We are working on an action plan to reach the level of Rs 5,000 crore EBITA of Patanjali Foods,” he said.

For Natural Nutraceuticals, we are developing a new indigenous and moral (Sattvik) Multi-Level Marketing avatar at the national level that will promote health and prosperity to the average person and provide accurate information about nutritious food options. Added Baba Ramdev

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