Baidyanath Group
This article contains text that is written in a promotional tone. (December 2021) |
Type | Public |
---|---|
Industry |
|
Founded | 1917 |
Founder | Pt. Ram Narayan Sharma and Pt. Ram Dayal Joshi |
Headquarters | |
Area served | Worldwide |
Products |
|
Number of employees | 5000 (March 2020) |
Website | www |
Baidyanath Group is an Indian pharmaceutical firm specialising in Ayurvedic medicines.[1] Shree Baidyanath Ayurved Bhawan (Pvt) Limited was founded in 1917 by two brothers, Vaidya Pandit Ram Narayan Sharma and his brother Pandit Ram Dayal Joshi with a vision of providing effective and readily available medicines to the population of India.
Pandit Ramnarayan Sharma an illustrious practitioner of Ayurveda, made a small beginning by starting the manufacture of Ayurvedic medicines at Baidyanath Dham in Bihar in the year 1917 and then pioneered a large scale production of Ayurvedic formulations with his brother at:
- Kolkata in 1921
- Patna in 1940
- Jhansi in 1941
- Nagpur in 1942
- Allahabad in 1958
Under the flagship of Shree Baidyanath Ayurved Bhawan, this expansion did not prove sufficient and a new works came up at Baddi (Solan), Himachal Pradesh in the year 1995. Now, new plants exist at Barotiwala (Himachal Pradesh), Kashipur (Uttarakhand), and Seoni (Madhya Pradesh). The current Managing Director Of Baidyanath Group is Shri. Ram K Sharma at Kolkata and Shri. Suresh Kumar Sharma at Nagpur.
In 2017, the group completed 100 years and decided to foray into the FMCG market with the introduction of new products like Amla, Aloe vera, Karela Jamun, Giloy varieties, and Herbal Tea.[2][3]
The age-old ayurvedic brand not only sells its products through offline channels but also through various online platforms. During COVID-19 times, Baidyanath’s participated in one of the biggest online events, Amazon’s Prime Day, to ensure that some of their best immunomodulators seamlessly reach their customers’ doorsteps with the help of Amazon.[4] Also, the demand for this brand’s ayurvedic products increased during the COVID phase, especially for immunity boosters such as Giloy, Giloy Batti, and Chyavanprash.[5]
Baidyanath Group awarded 1.5 lakh INR for the best research paper or book on Ayurveda every year during 2016-19.[6] The group also facilitated the practitioners of Ayurveda as a part of Dhanwantari Jayanti Celebrations.[7]
In 2021, Baidyanath Group launched Vansaar and stepped into Liquid Natural Gas Production. They launched India's first commercial LNG filling station in the city of Nagpur on 11 July 2021.[8]
See also[]
- Rasayana
- Triphala
- Churna
- Tinospora cordifolia
- Chyavanprash
- Ashwagandha
- Shilajit
- Convolvulus prostratus
References[]
- ^ Panchal, Salil (27 March 2017). "At 100, ayurvedic medicine maker Baidyanath is as spunky and sprightly as ever". Forbes India.
- ^ "Baidyanath forays into FMCG segment". The Economic Times. 22 January 2018.
- ^ "Baidyanath Ayurved introduces four variants of herbal tea with medicinal properties for wellness". APN News. 28 August 2018.
- ^ "From big brands to homegrown businesses, all are 'Primed' for D-day". About Amazon. 5 August 2020.
- ^ "A Vaidya created a Baidyanath Ayurveda company worth hundreds of crores, the demand for products like Giloy, Chyawanprash increased during the Corona period". Jansatta. 15 September 2020.
- ^ "Baidyanath Awards". IASTAM India.
- ^ "Ayurveda practitioners honoured for their contribution to field". The Times Of India. 26 October 2019.
- ^ Arya, Shishir. "Baidyanath to start country's first commercial LNG, filling station". The Times Of India. Retrieved 11 July 2021.
External links[]
- Baidyanath - Kolkata Group
- Baidyanath - Nagpur Group
- Baidyanath - Jhansi Group
- Baidyanath - Patna Group
- Baidyanath: The Legacy Of Ayurveda
- Pharmaceutical companies of India
- Pharmaceutical companies established in 1917
- Ayurvedic companies
- Indian company stubs