Patanjali – From Ayurveda To FMCG Behemoth

Patanjali - From Ayurveda To FMCG Behemoth

Patanjali has become the talk of the town after it reportedly came up with an Ayurveda-based medicine Coronil to fight Covid-19. However, authorities have ordered Patanjali to stop promoting it as Covid treatment due to a lack of clarity about its composition and efficacy.

Crux of the Matter

Patanjali
Patanjali has launched the Coronil kit to treat Covid-19, clamming that it even had successful results.

Patanjali, headquartered in Haridwar, Uttarakhand is one of the fastest-growing FMCGs in India and was founded by Baba Ramdev and Acharya Balkrishna in 2006. Currently, it operates 15,000 stores and 100 mega-marts. Moreover, it is the 8th Company to get a full-time security cover of 35 armed Central Industrial Security Force (CISF) commandos. The company manufactures 2500+ products. Recently, Patanjali acquired debt-ridden Ruchi Soya Industries at a valuation of Rs.4350 crore.

Understanding Medicines
Ayurveda: It is a holistic approach to healing based on empirical observations and plant extracts. It is believed to be a 5000-year old healing practice originated in India. It is described in the Atharvaveda. Moreover, the word Ayurveda is derived from two Sanskrit words “Ayur” meaning life and “Veda” meaning knowledge. So, Ayurveda means knowledge of life. Ayurveda gives emphasis on the balance between body, mind, and soul for healthy living. It also gives emphasis on good digestion, proper excretion, exercise, yoga, meditation, etc.

Homeopathy: The term homeopathy is derived from two Greek words: “homoios” meaning like and “pathos” meaning suffering. It is based on the principle that “like cures like”, meaning the substance which can cause symptoms in a healthy person can be consumed in a small amount to cure a sick person with the same symptoms. Homeopathy was discovered in the 19th century in Germany by Samuel Hahnemann. It is claimed to be a pseudoscientific method of alternate medicines.

Unani: It is a Perso-Arabic traditional medicine practiced in Mughal India based on the works of Hippocrates. It was Originated in Ancient Greece.

Curiopedia
  • Patañjali was a sage in India, thought to be the author of a number of Sanskrit works. The greatest of these are the Yoga Sutras, a classical yoga text. Patanjali is one of the 18 siddhars in the Tamil siddha tradition.
  • Divya Yoga Pharmacy in Haridwar was a pharmacy founded by Balakrishna and Ramdev in 1995 prior to Patanjali. The pharmacy later became a manufacturing unit for Patanjali Ayurveda.
  • As of January 2020, Balkrishna was reported by Forbes to have a net worth of $1.5 billion. He was awarded the Champions of Change award in 2019, for his work in the field of Ayurved.
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