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Other traders too, seeing the sudden surge of demand for khadi apparels, have started selling apparels in the guise of khadi. Clearly, reason being, khadi sales rose 25% to Rs 2,509 crore in FY18 from the previous year.
As per a RBI report, there were 5, 37,286 sick MSMEs in the country in 2015, up from 2, 48,890 in 2013.
Baba Ramdev said that he wants to establish a production facility worth one lakh crore INR within the next five years.
If things go as planned this will be Future Group’s second big acquisition in southern region of the country in a span of 2 years.
Though the company has decided to increase its production, but it is still not certain about the demand in the current fiscal year.
Coca Cola will set up the plant with the total investment of Rs 400-500 crore and has submitted an Earnest Money Deposit of Rs 1.26 crore.
Till now, Patanjali, has generated a revenue of Rs 5,000 crore for the year 2015-2016 and is all set to take on the business giants with an added investment of Rs 1000 Crore.
In a never-before alliance, Disney characters and Ayurveda have landed on same platform with Biotique inking pact with Disney India.
Handset manufacturer Lava Mobiles is aiming to raise $100 million from strategic partners to fund its expansion in the country.