Patanjali to invest Rs. 1,000 cr on expansion: Ramdev.

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

The Haridwar-based firm will set up manufacturing plants in South India and is looking to become partner in mega food park being developed in southern cities.

Patanjali, which has 15,000 stores across the country, plans to add more products in 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,' Ramdev told PTI.

TOI