Business

Baba Ramdev Has Just Started A New Business- Know All About It

न्यूज़ वर्ल्ड इंडिया | 1
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| July 13 , 2017 , 19:56 IST

Yoga Guru and founder of Patanjali Baba Ramdev has launched his own security firm called Parakram Suraksha Private Limited in Haridwar.

Speaking to media, Acharya Balakrishna, CEO of Ramdev's Patanjali said, "Security is a very important issue either for a man or a woman. Our aim is to prepare individuals for self and country's security and for this we have formed Parakram. This will help develop military instinct in each and every citizen of the country so as to awaken the spirit and determination for individual and national security."

"Ramdev has hired retired Army and police personnel to train young interested recruits and plan to make a mark in security," Balakrishna added.

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As per a report, young men and women have seen training inside Ramdev’s Patanjali complex in Haridwar. Flexing their muscles, walking on a tightrope and running, people have started training as private security guards with Ramdev’s Parakram Suraksha Private Ltd.

In 2016, Ramdev’s FMCG business was worth Rs 1,100 crore, as per reports. In the same year, Acharya Balkrishna, CEO of Ramdev’s Patanjali, was ranked the 25th richest person in India with Rs 25,600 crore of wealth.

According to study which was conducted by FICCI, the private security business is on the rise in India