Acharya Balakrishan made a sensational debut in “Forbes 2016 India’s 100 richest people lists” at 48th position with total net worth of $2.5 billion. Forbes criteria this year for making into the riches was $1.25 billion, slightly tougher as compared to 1.1 billion in years 2015.
He is amongst one of the six new entrants making into this prestigious list. Contemporary CEO of Patanjali Ayurved holds 97% stake in the fast-growing consumer goods company with $780 in revenue. Not to forget, sensational yoga guru and Balakrishna close buddy Baba Ramdev on this occasion, who is the brand ambassador of Patanjali’s range of products, for his significant contribution in making Patanjali and Yoga a common brand in India.
At 44, young and dynamic CEO known for his conventional style of management looks after day to day operations of the glaring empire, founded in year 2006 by friend duo. The avid advocate of Ayurveda and Yogic values also oversees 5000 Patanjali clinics, Patanjali University and research centre dedicated to Yoga and Ayurveda.
AS THEY SAY “ROME WAS NOT BUILT IN A DAY” SO IS PATANJALI AYURVEDA AS A COMPANY AND A BRAND.
Despite cut throat competition posed by big MNC’s, our very own desi CEO and his charismatic yoga buddy has a well chalked out plan to take rivals by stride. Some of their long term plan include setting up new state of the art processing units with 1000 cr. investment. This investment is aligned with their plan to get into export of Patanjali’s range of products. The business duo also plans to get into e-commerce, dairy product, yoga clothing and cosmetic range ‘Soundarya’ to take on big MNC brand in India and abroad.
In last four-five year, Patanjali Ayurved has seen exponential growth under able leadership of Balakrishna. In business fraternity it is seen as herald of most successful “Swadeshi” brand , “Made in India” keeping consumer first and what they value most in mind, ready to take on biggies around the world.
#SoheDid, congratulates Acharya Balakrishna and Baba Ramdev for making India proud #SoHeDidIt. We are sure many entrepreneur and wannapreneur look you to you as a Role Model. You are inspiration to many such Indian hailing from a modest background, want to make big.
To all entrepreneur and wannapreneur out there…are you listening? What are some of the business best practices you would like to pick and apply in your startup or business to make it big for yourselves?