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'Swadeshi' apparel will break stronghold of foreign manufacturers: Ramdev

Ramdev says Patanjali will make everything from underwear to ethnic and sportswear soon

ANI  |  Alwar (Rajasthan) 

'Swadeshi' apparel will break stronghold of foreign manufacturers: Ramdev

After the formidable success of Patanjali ayurvedic and herbal household products in the Indian market, and Acharya Balakrishna's Patanjali Ayurved Ltd is all set to venture into textile manufacturing.

"Patanjali will soon get into garment and textile market and break the stronghold of foreign manufacturers," said during the inauguration of Patanjali Gramodhyog in Alwar.

"Patanjali will make everything from underwear to ethnic and sportswear soon" he added.

In a recent survey, CEO of Patanjali Ayurved Ltd, Yogi Balakrishnan, was named the eighth richest Indian. On this, said that the profit earned by Acharya Balakrishnan is for helping the needy and not for luxury.

aims to make people of India get rid of foreign products and shift to 'Swadeshi' (Made in India), manufactured goods by Patanjali.

Earlier, Spokesperson S K Tijarawala, said that Patanjali will be launching its line of 'Swadeshi' apparel, with an initial sales target of Rs 5, 000 Crore, Through this new venture, the company aims to bring a good quality of clothes to the masses, including knitwear and denim. While the official brand name of the line is yet to be revealed.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Wed, September 27 2017. 14:40 IST
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