Patanjali: "Our estimation is over five years, we ll invest about Rs 1,200 crore to Rs 1,500 crore of capital expenditure.Most of the expenditure will happen in year four and five, which is where we are pushing for and the rest in the initial years. We have enough capacity and capex already laid out," CEO Sanjeev Asthana.
Patanjali Foods Ltd plans to invest up to Rs 1,500 crore in the next five years on capital expenditure, mostly for scaling up its palm oil business, according to company CEO Sanjeev Asthana.
Over the next five years Patanjali Foods expects to draw between 5-10% of its turnover from premium products, catering to consumers at the upper end of the consumption basket. Currently premium products account for 3% of the company’s business