Patanjali group eyes Rs 1 trillion turnover over the next 5-7 years

Patanjali also plans to carry out oil palm plantations on over 1.5 mn acres in 55 districts of 11 states, and aims to earn annual returns of Rs 2,000 crore in five to seven years

The Patanjali group is targeting a turnover of Rs 1 trillion over the next five-seven years, from Rs 40,000 crore currently, yoga guru Ramdev said on Friday. The group shall also list

four of its companies -- Patanjali Ayurved, Patanjali Wellness, Patanjali Lifestyle, and Patanjali Medicine -- in five years and aims to boost its market capitalisation to Rs 5 trillion.

The group already has one listed entity -- Patanjali Foods, which was earlier called Ruchi Soya Industries.

It also plans to generate employment for over 500,000 people over the aforementioned period. Under Patanjali Wellness, the company intends to operate 25,000 beds and