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| revenue = | | revenue = | ||
| operating_income = | | operating_income = | ||
| net_income = | | net_income = | ||
| assets = | | assets = | ||
| equity = | | equity = | ||
| num_employees = 5000 (March 2020) | | num_employees = 5000 (March 2020) | ||
| owner = | | owner = | ||
| footnotes = | | footnotes = | ||
| location_country = [[India]] | | location_country = [[India]] | ||
| homepage = {{URL|https:/www.baidyanath.com/}} | | homepage = {{URL|https:/www.baidyanath.com/}} | ||
| subsid = | | subsid = | ||
}} | }} | ||
'''Baidyanath Group''' is an [[India]]n [[pharmaceutical]] firm specialising in [[Ayurvedic]] medicines.<ref>{{Cite web|url=http://www.forbesindia.com/article/indias-family-businesses/at-100-ayurvedic-medicine-maker-baidyanath-is-as-spunky-and-sprightly-as-ever/46387/1|title=At 100, ayurvedic medicine maker Baidyanath is as spunky and sprightly as ever|first=Salil|last=Panchal|date=27 March 2017| | '''Baidyanath Group''' is an [[India]]n [[pharmaceutical]] firm specialising in [[Ayurvedic]] medicines.<ref>{{Cite web|url=http://www.forbesindia.com/article/indias-family-businesses/at-100-ayurvedic-medicine-maker-baidyanath-is-as-spunky-and-sprightly-as-ever/46387/1|title=At 100, ayurvedic medicine maker Baidyanath is as spunky and sprightly as ever|first=Salil|last=Panchal|date=27 March 2017|work=Forbes India}}</ref> 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. | ||
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 | 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 | # Kolkata in 1921 | ||
| Line 45: | Line 44: | ||
# Allahabad in 1958 | # 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|Kashipur]] (Uttarakhand), and [[Seoni]] (Madhya Pradesh). The current Managing Director Of Baidyanath Group is Shri. Suresh Kumar Sharma at Nagpur. | |||
Baidyanath | 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]]. <ref>{{cite web|url=https://economictimes.indiatimes.com/industry/cons-products/fmcg/baidyanath-forays-into-fmcg-segment/articleshow/62608119.cms|title=Baidyanath forays into FMCG segment|date=22 January 2018|work=The Economic Times}}</ref><ref>{{Cite web|url=https://www.apnnews.com/baidyanath-ayurved-introduces-four-variants-of-herbal-tea-with-medicinal-properties-for-wellness/|title=Baidyanath Ayurved introduces four variants of herbal tea with medicinal properties for wellness|date=28 August 2018|work=APN News}}</ref> | ||
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 (company)|Amazon]].<ref>{{Cite web|url=https://www.aboutamazon.in/news/small-business/from-big-brands-to-home-grown-businesses-all-are-primed-for-d-day|title=From big brands to homegrown businesses, all are ‘Primed’ for D-day|date=5 August 2020|work=About Amazon}}</ref> 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.<ref>{{Cite web|url=https://www.jansatta.com/business/giloy-juice-chayawanprash-maker-baidyanath-ayurved-company-established-more-than-century-ago-know-success-story/1520674/|title=A Vaidya created a Baidyanath Ayurveda company worth hundreds of crores, the demand for products like Giloy, Chyawanprash increased during the Corona period|date=15 September 2020|work=Jansatta}}</ref> | |||
Baidyanath Group awarded 1.5 lakh INR for the best research paper or book on Ayurveda every year during 2016-19.<ref>{{Cite web| title=Baidyanath Awards |url=http://www.iastamindia.org/baidyanath-awards-guidelines/ |website=IASTAM India}}</ref> The group also facilitated the practitioners of Ayurveda as a part of Dhanwantari Jayanti Celebrations.<ref>{{Cite web|url=https://timesofindia.indiatimes.com/city/nagpur/ayurveda-practitioners-honoured-for-their-contribution-to-field/articleshow/71767815.cms|title=Ayurveda practitioners honoured for their contribution to field|date=26 October 2019|work=The Times Of India}}</ref> | |||
In 2021, Baidyanath Group stepped into Liquid Natural Gas Production. They launched India's first commercial LNG filling station in the city of Nagpur on 11th July 2021.<ref>{{cite web |last1=Arya |first1=Shishir |title=Baidyanath to start country’s first commercial LNG, filling station |url=https://timesofindia.indiatimes.com/city/nagpur/baidyanath-to-start-countrys-first-commercial-lng-filling-station/articleshow/84301933.cms |website=The Times Of India |access-date=11 July 2021}}</ref> | |||
==See also== | ==See also== | ||
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* [[Triphala]] | * [[Triphala]] | ||
* [[Churna]] | * [[Churna]] | ||
* [[Tinospora cordifolia]] | |||
* [[Chyavanprash]] | |||
* [[Ashwagandha]] | |||
* [[Shilajit]] | |||
* [[Convolvulus prostratus]] | |||
==References== | ==References== | ||
{{Reflist}} | {{Reflist}} | ||
== External links == | ==External links== | ||
* | *[https://www.baidyanath.com/ Baidyanath - Kolkata Group] | ||
*[https://www.baidyanath.co/ Baidyanath - Nagpur Group] | |||
*[https://www.baidyanath.co.in/ Baidyanath - Jhansi Group] | |||
*[https://baidyanath.net.in/ Baidyanath - Patna Group] | |||
*[https://www.thebizdom.in/baidyanath-the-legacy-of-ayurveda/ Baidyanath: The Legacy Of Ayurveda] | |||
[[Category:Pharmaceutical companies of India]] | [[Category:Pharmaceutical companies of India]] | ||
[[Category:Pharmaceutical companies established in 1917]] | [[Category:Pharmaceutical companies established in 1917]] | ||
[[Category:Ayurvedic companies]] | [[Category:Ayurvedic companies]] | ||
{{India-company-stub}} | {{India-company-stub}} | ||