+917718880355

news

Patanjali jeans and garments to be launched in 2019 according to Baba Ramdev

YarnsandFibers News Bureau 2018-04-11 12:09:00 – Goa

Yoga guru and co-founder of Patanjali Ayurved Baba Ramdev announced that his company would foray into the garment manufacturing business next year.He had announced plans to enter into garment manufacturing with a 'swadeshi' line of clothing last year. Ramdev also announced that his company, which is already in the business of cosmetic and food products, will also launch garments for sports and yoga. However, the yoga guru said he has already withdrawn himself from several advertisements and would be completely off from it (advertisement campaign) in the next few years.He said that,” We are promoting knowledge based advertising and not the glamour unlike the multi-national companies.” Speaking about Patanjali's fiscal policies, Ramdev said his company has not employed fat-salaried professionals but the people who are committed towards the work

Ramdev announced that Patanjali would venture into other countries including economically weaker nations, and the profit would be invested back in that country."But in case of those countries which looted India, we will be making windfall profits and bringing them back to the country," Ramdev added.He also said that, "We are already in Nepal and would be venturing in more economically weaker countries. But we have decided that the money earned there would be invested back in the same country, without bringing it back to India.” Ramdev, who has been featuring in his company's advertisement campaign, said that the decision to not have big faces in the campaigns is saving a lot of money. He claimed that the Patanjali's brands have already made their mark in the market due to its knowledge based advertising

"I get on to the camera and campaign for my brand. We have an emotional connect with the people. That is how despite not having big faces in our advertisement campaign, our brand was accepted by the people," as quoted by yoga guru Baba Ramdev

"People are asking me, when are you launching jeans of your company in the market. So, we have decided to launch garment products, including ethnic wear, catering to kids, men and women next year," the 52-year-old yoga guru told the professionals during the ongoing 'Goa Fest 2018' organised by the Advertising Agencies Association of India (AAAI).He also cleared that Patanjali Ayurved has been doing better financially year after year and will be the country's biggest company in terms of turnover in the days to come

Please Login to comment

Market Intelligence

Ask for free sample Report


why us?
21 yrs

experience

Fortune 500

Customer Base

100%

dedicated team

55+

Countries Served Worldwide


newsletter

Register below to receive our newsletters with latest industry trends and news!