Jyothy Labs plans for Ayurveda products

According to MP Ramachandran, Chairman & Managing Director of Jyothy Laboratories, maker of the popular Ujala, the company will soon launch ayurvedic products and personal care products by 2021-2022, a report said. This will help them to double their revenue in the personal care space by 2021.

Ramachandran said that the company is targeting around Rs 400-500 crore of revenues in two-three years’ time from ayurvedic products. Speaking about price increase, he said, we have slashed the prices on some of the items to give effect to the goods and services tax (GST) impact, we have passed on the benefit to the consumers and doing very well.

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