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Patanjali join hands with Amazon India, Flipkart for online debut

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Patanjali, Baba Ramdev, Paytm Mall, BigBasket, Flipkart, Amazon India, Grofers, Amazon India, netmeds, 1mg, Shopclues, Haridwar to har dwar, Business news

New Delhi: Aiming to expand its footprint in the country’s FMCG sector, Baba Ramdev promoted Patanjali on Tuesday launched its e-commerce platform under the tagline “Haridwar to har dwar” (Haridwar to every door step online).

 

 

The company has also announced its partnership with leading e-retailers and aggregators to authorise online sales of its products which include Paytm Mall, BigBasket, Flipkart, Amazon India, Grofers, Amazon India, netmeds, 1mg and Shopclues, among others.

Launching the e-commerce platform “www.patanjaliayurved.net“, Ramdev added that online sales have yielded good dividend that helped the company’s sales cross Rs 10 crore mark in December 2017.

“We have been successful in delivering orders of Patanjali products to over 10 lakh people per day,” Ramdev said here addressing the launch event.

 

 

The company estimated that shares of online sales will contribute 15 per cent in total turnover in future.

Congratulating the company on its recent launch, Commerce Minister Suresh Prabhu tweeted: “Congrats yogrishiramdev, Acharya Balkrishna, Vijayshekhar (founder of Paytm) for emerging as top FMCG, in short time. We shall promote exports of Ayurveda globally.”

 

For online debut Patanjali join hands with Amazon India, Flipkart:

 

P.P. Acharya Balkrishna, Managing Director and CEO of Patanjali Ayurved, explained that with the new mechanism of collaborating with various e-commerce partners, the company will reach out to more people including the youth who prefer and use online platform for shopping more these days.

Ramdev said the company has created an annual production capacity worth Rs 50,000 crore.

 

 

“Besides, operational big units at Haridwar and Tejpur, work is in progress at full speed in Noida, Nagpur and Indore as well,” he added.

To cater to the export demand, the company has initiated a “100 per cent export oriented unit” in Mihan SEZ (special economic zone), Nagpur (Maharashtra), Ramdev said.

According to the company, the export unit will facilitate export of Patanjali swadeshi products to the UAE, the US, Cananda, Europe, South America, African countries besides others.

 

 

Commenting on the partnership, Manish Tiwary, Vice President Category Management, Amazon India said: “We are committed to work together with Indian-grown brands with the aim of giving customers unique products combined with a delightful online shopping experience.”

“For the next 3-4 years, FMCG and groceries are going to be the top priorities for us. ‘Haridwar se har dwar tak’ resonates Flipkart’s vision of making top quality products available to customers at the best value, so this partnership benefits consumers in a big way,” said Kalyan Krishnamurthy, CEO of Flipkart.

 

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Tesla bags 200,000 orders for its futuristic ”Cybertruck”

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New Delhi: Elon Musk is back with a bang with his all-new “Cybertruck”. Irrespective of the controversies the all-new Tesla Cybertruck has gathered, it is one of the most radical wheels that has gone on sale in recent times and is becoming quite popular by the day.

Elon Musk took to Twitter to share that Tesla has already received 200k orders since the launch of the “Cybertruck” which was actually 3 days ago(22 November).

Tesla Cybertruck’s production is expected to begin in late 2020. The electric pickup truck is available in three trims — single motor RWD with a range of over 250 miles, dual-motor AWD with a range of more than 300 miles and tri-motor AWD with a range in the north of 500 miles.

The single motor RWD variant of the Cybertruck can go from 0 to 60 mph in below 6.5 seconds and has a towing capacity of over 7,500 pounds, while the dual-motor AWD trim can make 0-60 mph in under 4.5 seconds and boasts of a towing capacity of more than 10,000 pounds. Tesla claims that the tri-motor AWD variant of the vehicle is good for 0-60 mph in less than 2.9 seconds and gets a towing capacity of 14,000 pounds.

Given its relative performance and price, the Cybertruck could be a massive success for Tesla as it enters into the largest segment in the US market. Almost three million pickups were sold to consumers in 2018. If Tesla can carve off a tiny sliver of that, it’ll go a long way toward taking Tesla’s annual sales to the next level.

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