Tuesday, January 23, 2018 Last Updated 42 Min 6 Sec ago Malayalam Edition
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Saturday 13 Jan 2018 01.03 PM

French luxury brand eyes to invest in Patanjali

French luxury brand,  Patanjali

New Delhi: If the reports are to believed, French luxury group LVMH Moet Hennessy-Louis Vuitton, also known as Louis Vuitton is willing to invest a mammoth 500 million US dollar in Patanjali Ayurveda.

Patanjali spokesperson SK Gupta Tijarawala conveyed the information on Twitter on Thursday. Acharya Balakrishna (MD of Patanjali has said that 'just as we use foreign technology for our development, we do not hesitate to use foreign funds for the benefit of our country'.

Riding high on the popularity of 'Made in India' products, Yoga guru Ramdev had earlier said that by 2018-19, Patanjali will overtake Unilever and others and by 2020-21 Patanjali would become world's largest fast moving consumer goods brand.

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