Guess what is Baba Ramdev's next business plan?=ET

Here's Baba's new billion dollar move!

India's self-made multi-millionaire Baba Ramdev's latest business move is here: The monk would now be venturing into a Rs 40,000 cr private security market.

Will he pull it off? If you go by his track record, it might turn out to be another big surprise.L

Rs 10,000 cr and counting

Ramdev's FMCG venture made that amount of money in FY17. But Ramdev has set the bar higher for next year.

The yoga guru aims to double his firm's profit with a bigger market presence and even bigger production plan.

Ramdev has already sounded a warning to his MNC rivals of a dominant position.

BCL

The plan

Ramdev's home brand Patanjali would increase its mega production units in Uttar Pradesh, Maharashtra and Madhya Pradesh, which are under full-fledged construction. Once done, these units will aid production of goods worth Rs 60K and more next year, compared to Rs 35,000 crore this year.

BCCL

Market guru

The monk's brilliant business strategies have helped Patanjali achieve a zooming growth in the FMCG market; from Rs 5,000 cr in 2015-16, the company, head-quartered in Haridwar reached a whopping Rs 10,000 crore in 2016-17.

Is IPO next?

Ramdev has also spoken of creating about five lakh jobs in the coming years through domestic expansions. Patanjali is hoping to clock Rs 50,000 crore in revenues by 2020. Ramdev, according to some, may be working on a plan for an initial public offer.

BCCL

His soft side for business

Ramdev, at a recent SBI meet, batted for Indian businessmen, saying they need to be respected. Abusing businessmen should be banned in the Indian Parliament ... you want their taxes, you want their money to fund your political parties ...stop cursing them ... every businessman is not a thief, he said.