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Patanjali will
sell milk at Rs 2 cheaper than its competitors
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It hopes to
generate Rs 1,000 crore revenue by 2020 with these additional products.
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The
Haridwar-based firm plans to sell packaged drinking water under the brand name
Divya Jal in pack size of 250 ml, 500 ml, 1 litre, 2 litres, 5 litres and 20
litres.
Yoga guru Baba Ramdev’s
Patanjali has now added few more products to its kitty which include cow milk,
curd, flavoured milk, buttermilk and cheese. The company, which had earlier
launched noodles, will now start selling french fries too.
The Haridwar-based firm has
established a network of around 56,000 retailers and hopes to generage Rs 1,000
crore revenue by 2020 with these additional products. Patanjali said it aims to
get Rs 500 crore from dairy products in this fiscal itself.
The company is planning to
sell its dairy products in Tetra pack. Our milk would be cheaper than other
established brands by Rs 2, said Ramdev while addressing a conference.
We are targeting 10 lakh
litre of daily sales, Ramdev added.
In a press statement,
Patanjali said that it produced 4 lakh litres of cow milk on the very first day
of its operation. It has tied up with around 56,000 retailers and vendors to
supply milk across Delhi-NCR, Mumbai, Pune and Rajasthan and expects to produce
10 lakh litres of cow milk every day in the financial year 2019-2020.
The company has also made a
foray into frozen vegetables like peas, sweet corn, mixed vegetables, urea free
cattle feed, and solar panel production. Patanjali will offer the frozen
vegetables at half the cost of its competition. It plans to sell packaged
drinking water under the brand name Divya Jal in pack size of 250 ml, 500 ml, 1
litre, 2 litres, 5 litres and 20 litres.
Earlier this year Patanjali
had announced to launch swadeshi jeans by this year end.
Patanjali Ayurved is
struggling in recent times. Its growth faltered during the past 12 months as
rivals, mostly multinationals, launched natural and herbal products to counter
the challenge of the Baba Ramdev-led enterprise.