Five Startup Business Ideas to Explore in Patanjali Ayurveda Limited
The growing awareness among the middle-class people, especially witnessing a different experience altogether, which was only a thing of luxury for the rich and royal clan is the only visible evolution of spa industry.
According to a report by IIFL Institutional Equities, Patanjali is likely to touch a net turnover of Rs. 200bn by FY20. The highest market shares are expected to come from categories such as Ayurvedic Medicine (35%), Honey (35%), Ghee (33%), and Chyawanprash (30%), the report adds.
The mission statement of the company says it all and how it has something or the other for everyone, especially the ones who are looking forwards for Patanjali Business opportunity.
“The concept for forming this Company was to link the rising destiny of millions of rural masses on the one hand and many more suffering and leading unhealthy urban lifestyle on the other. The Vision of the Respected Swami Ramdevji Maharaj, the renowned YOGA GURU, and Sri Acharya Balkrishnaji, made the concept into writing through the formation of the Company (PATANJALI AYURVED LIMITED).”
So to help out all those who are looking for opportunities in Patanjali Business, here are a few:
1. Overseas Business:
Patanjali products have successfully established its brand not only in India but also in abroad, which is why people have shown interest in using Patanjali products especially in abroad.
To make the product reach its customer, there is a very good opportunity for the startups to grab this overseas business opportunity.
2. Patanjali Chikitsalay:
Patanjali is not limited to sell its products, it has recently ventured into different fields, which is why if one is capable enough to open a clinic in rural or urban and to run it well, there is a huge opportunity for it to grow businesswise. The doctor can do the regular checkups, and prescribe Patanjali medicine products as a cure. This is one of the most successful of the ventures of Patanjali Ayurved Limited.
3. Patanjali Store:
Patanjali has recently gained demand especially in and around as the domestic product, starting from edible condiments to dish wash bars, bathing soaps to cosmetics and what not.
Patanjali has very smartly targeted the common house’s basic requirements and has successfully ingrained its benefits over other chemically loaded products, which is why the demand remains high all time of the year. Startups looking to open new stores can look for suitable location and start their business.
If there is high demand, there definitely needs a supplier, and who else can supply better than a distributor. For startups looking for an opportunity in Patanjali Ayurveda Limited, they can start a distributing business store, from where bulk deliveries can be done to numeral stores in and around the locality.
A distributor can make tie-ups with the stores as well as from the manufacturing unit, to make things move smoother.
5. Patanjali Retail Store:
If you have already owned a retail store and yet you want to get associated with Patanjali, then you can start offering space to Patanjali, in order to display and sell its products through your retail store.
Patanjali has developed its enormous product that one can start a retail store wholly dedicated to Patanjali.
When one sees Patanjali as a brand, one can see a sea of opportunities, that it has provided in recent times for farmers, youth, businessmen and of course the country.