But instead Patanjali's sales plunged 10% to 81 billion rupees, according to its annual financial report. Santosh KC, an official at Nepal's Department of Drug Administration, said there were no problems with other Patanjali products. Patanjali products marketed as ayurvedic come under the regulatory purview of the Ministry of Ayush, created in 2014 to promote alternative therapies including Ayurveda, an ancient Hindu healing method. Reuters reviewed 81 Patanjali products in a Mumbai Patanjali store and found that 27 of them had labels that listed the goods as partially or wholly manufactured by other Indian producers. Two managers at stores of leading Indian retailers and two mom and pop stores owners, all in Mumbai, said they were only keeping a handful of Patanjali products in stock due to faltering demand.
Source: bd News24 June 12, 2019 04:07 UTC