After acquiring Ruchi Soya, Ramdev's Patanjali aims to beat HUL in sales

Haridwar-based group has given itself a 2-year target for doing so

Armed with edible oil major Ruchi Soya, Ramdev’s Patanjali Group is now ready to take on the country’s largest fast moving consumer goods (FMCG) firm Hindustan Unilever (HUL). The Haridwar-based group has set a target of overtaking HUL (in sales) in the next two years, said Ramdev. After the acquisition of Indore-based edible oil maker, the group has only come closer to its co-founder’s dream.

In 2018-19, while HUL posted Rs 38,888 crore revenue, Patanjali Group’s total revenue remained over Rs 10,000 crore. With Ruchi Soya’s Rs 12,830 crore top line last year, the group’s revenue nearly touched the Rs