PATANJALI PONDERS FOREIGN INVESTMENT OFFERS – BUT EXPERTS SAY IT NEEDS TO PROTECT ITS INDIA-FOCUSED BRAND
January 1st, 2018
INDIA’S fast-growing consumer goods company Patanjali Ayurved has confirmed to just-food that it is considering a foreign investment offers of USD800 million by French luxury group LVMH, but stresses it is not the only foreign investment offer it has received.
Patanjali spokesperson S K Tijarawala explained to just-food how such foreign inputs meshed with its overall strategy of developing and selling products that are based on Hindu traditions such as Ayurvedic lines.
“As we use foreign technology and machinery for our progress, we do not mind accepting ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.