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NEW INTERNATIONAL
MARKET CANADA
Hello!
I am Shubham patil
MADE5006 – BUSINESS DESIGN FOR INTERNATIONAL GROWTH
MSC – TEXTILE DESIGN, TECH AND INNOVATION.
P2610915
CONTENT
 Company introduction
 Global consumer trend adopted
 Situation Analysis-5C’s of company
 PESTEL analysis
 HOFSTEDE
 Data interpretation – Primary
Research
 Conclusion
 Bibliography
AIM
To understand however economic, social, environmental,
technological, political and legal factors will impact the success of
a business at new International market.
OBJECTIVE
To assess the “PESTEL“ factors that measure set within the new
market and think about whether or not they would support or
reject the business.
Use the Hofstede model to spot the variations between the
two countries and the way this may have an effect on the
business.
COMPANY INTRODUCTION
 COMPANY NAME – PATANJALI
 CURRENT MARKET – INDIA
 NEW MARKET - CANADA
(PATANJALI
)
PATANJALI
COMPANY PROFILE
▹ Patanjali, founded in 2007 by Baba Ramdev and his aide Swami Acharya Balakrishna.
▹ Patanjali has four business divisions: 450 products in its portfolio.
▹ It has disrupted the entire FMCG (FAST MOVING CONSUMER GOODS) market in India with
its unconventional growth story.
▹ Low priced, value for money products, herbal or ayurvedic product along with the free
consultation.
▹ Vision
1.uplifting the life of Indian farmers(local raw materials) while at the same time
2.Provide healthy lifestyle by promoting Ayurveda and herbal products.
(PATANJALI
(PATANJALI
)
1.Food & Beverage 2. Health & Cosmetic
3. Health drink 4. Home care
(Patanjali Products)
(PATANJALI
)
(PATANJALI
)
(PATANJALI
)
(PATANJALI
)
(PATANJALI (PATANJALI (PATANJALI
(PATANJALI
GLOBAL CONSUMER TREND
ADOPTED
“THOUGHTFUL THRIFTIER”
▹ A thoughtful thriftier is defined as the one prioritising value-added and health-conscious products and services.
▹ The products are priced low, have a taste of Indianness to them, emphasises Vedic culture and promote eco-friendly
raw materials and processes.
 Brand Premium is Old school
 Product efficacy
 A strong brand identity
 Consumers have the last laugh
 Scope for innovation
SITUATION ANALYSIS – 5C’S OF
COMPANY
Context
- Everyone wants to return to nature and live a healthier lifestyle.
- Ramdev baba started Patanjali Ayurveda, a company that would bring the goodness of nature with each of its products,
which would be natural and would make everyone healthier.
- He branded all of the products as natural and containing the secrets of Ayurveda.
Customer
- The huge number of followers of Ramdev’s yoga constitutes the main customer base of Patanjali.
- Besides this, people in the age group of 35 years and above, people living in urban cities who are health conscious are the
customers of Patanjali products.
Collaborators
- Outsourcing.
- Packing with Patanjali tag.
- Patanjali has also signed up with a lot of big retail chains like Future group’s Big Bazaar, Reliance among others.
▹ Company
▹ Competitors : The major competitors across all categories are Colgate, Dabur and Hindustan Uniliver
Ltd., P&G, ITC (Indian Perspective)
• Raw material – Local farmer
• High quality with low price
• Strong network
• 2200 Stores in INDIA
• strong political affiliations
• Self Brand Ambassador
• Dependent on farmers
• Attraction- only above age
35
• Less attractive packaging
• Lacking in Digital space &
Global presence
• Targeting can be changed
to younger generation
• Can scale up through
franchise.
• Competitors can easily make
their foray into the herbal
space.
• Bigger companies can always
create newer brands to start a
price war with
S W
O T
PESTEL
ANALYSIS
 POLITICAL
 ECONOMICAL
 SOCIAL
 TECHNOLOGICAL
 ENVIRONMENTA
L
 LEGAL
POLITICAL SCANNING
Indian Perspective
▹ ‘Make in India’ - The government
encourages & support.
▹ With the UN declaring 21st June as
International day for Yoga because of the
suggestion of Prime Minister Modi (as it is the
longest day of the year); the international
appeal of Patanjali is bound to grow as it has
Baba Ramdev as its founder.
▹ Patanjali’s IT venture - ‘Start-up Initiative’ of
the Modi government.
▹ Baba Ramdev has strong political affiliations -
subsidized loans.
Canadian Perspective
▹ The Canadian Government supports the
franchise Model.
▹ Patanjali has set up its company-owned
subsidiary in Brampton and Mississauga.
▹ NNHPD (Natural and Non-prescription Health
Products Directorate) a government body issued
a mandate in the year 2016 to promote herbal
and other non-prescriptive medicines to best
benefit the population of the country.
(Ayurveda Association of
Canada)
ECONOMICAL SCANNING
Indian Perspective
▹ The company works on the principle of
‘swadeshi’ product.
▹ Raw material – Local farmers – Eliminate
margin.
▹ Self farmland for raw material – Increase
profit, This is why the price of each product
is 15 – 20% less than other competitors.
▹ GST implementation has also favourably
impacted.
Canadian Perspective
▹ The wealthiest countries in the world & one of the
top ten trading nations.
▹ The trade between India and Canada rose to 62%
in the past five years.
▹ India is Canada’s 9th largest export market and
10th largest trading partner overall.
▹ Canadian College of Ayurveda in Toronto and
Canadian Ayurvedic Medical Alliance promote
Ayurvedic Practices and herbal products.
(WORLD ECONOMIC LEAGUE TABLE 2021) (WORLD ECONOMIC LEAGUE TABLE 2021)
SOCIAL SCANNING
Indian Perspective:
▹ Marketing – Through YOGA.
▹ Consumers are promised chemical-free and
swadeshi products.
▹ Ayurveda and yoga captures the attention.
▹ Now that Yoga is internationally recognised
and practised, Patanjali has a growing market
outside India too.
▹ Herbal products - preventing diabetes and
hypertension.
Canadian Perspective:
▹ Target market - working-class category with
40-50% being middle class which happens to
be the target market of Patanjali.
▹ Indian origin makes up one of the largest
non-European ethnic groups in Canada.
▹ 18-22% of the Canadian Population is of
Indian Origin - amongst which 10% are
Punjabi’s, North Indians.
▹ Canada is turning out to be a fertile market
for Patanjali to promote its products across all
ranges.
TECHNOLOGICAL SCANNING
Indian Perspective
▹ In 2010, Patanjali Research Foundation
was started.
▹ It aims at using both Science and Ayurveda
to provide rich quality products and
medicines.
▹ In May 2019, company has launched a
Technology start-up.
▹ Technological patent in supply chain
management, distribution, soil testing,
fertiliser calculation and backward linkage.
▹ Investing in 5G technology.
Canadian Perspective
▹ Ayurveda Association of Canada
(Mississauga) has provided a platform for
technological associations and global firms to
conduct research in Ayurveda for
empowering the Ayurvedic community and
nurture the growth and presence of Ayurveda
in Canada.
▹ 5G network is launched.
ENVIRONMENTAL SCANNING
Indian Perspective
▹ Aim of producing chemical-free products.
▹ This is probably one of the strongest factors of
the brand.
▹ Natural products with minimum or no artificial
interference.
▹ EPI-
▹ SDG Index-
Canadian Perspective
▹ Natural, Herbal, Ayurvedic and eco-friendly tag.
▹ Organic products free from chemicals and
grown in natural conditions are finding a lot of
importance in Indian and Global markets.
▹ EPI –
▹ SDG Index-
(Mapping TradeTech:Trade in the Fourth Industrial Revolution)
(SUSTAINABLE DEVELOPMENT REPORT)
(SUSTAINABLE DEVELOPMENT REPORT)
(Mapping TradeTech:Trade in the Fourth Industrial Revolution)
LEGAL SCANNING
Indian Perspective
▹ Ministry of Ayush.
▹ Various complaints have been filed against the
company for advertising its claims on medicine
for COVID-19 in Madras High court.
▹ The Medicine Central Control Act 1970, The
Drug and Cosmetic Act 1940, The Drugs and
Magic Remedies Act 1954 etc are few laws
that govern Patanjali and its functioning.
Canadian Perspective
▹ Canada follows the standards as per
monographs from United States
Pharmacopoeia, British Herbal
Pharmacopoeia and Expanded Commission
E, European Scientific Cooperative on
Phytotherapy (ESCOP) and WHO.
▹ Requires prior approval from Health Canada.
CANADIAN CULTURE RELATIVE TO OTHER WORLD
CULTURES
CANADIAN CULTURE RELATIVE TO INDIA
Canada Japan USA
(HOFSTEDE, 2021)
Canada INDIA
(HOFSTEDE, 2021)
HOFSTEDE
Primary research Questionnaire - https://forms.gle/nQtmCyJnFUVMZ7raA
Data interpretation of primary research
CONCLUSION
▹ Canada government follows Franchise model.
▹ Canada Promotes - Natural and Non prescriptive products, Chemical free products, Ayurvedic
practices.
▹ Trades between India and Canada is higher.
▹ Large number of Indian population in Canada.
▹ Research and Development of Ayurvedic products using advanced technology.
▹ Patanjali Follows Ayurvedic and health standards, Easy approval from Health Canada department.
▹ As per HOFSTEDE dimension’s & all above factors we can say, CANADA is best market to establish
Patanjali with good success rate.
BIBLIOGRAPHY
• All Answers Ltd. November 2018. Patanjali's Growth in the Fast Moving Consumer Goods Market, Available from:
https://ukdiss.com/examples/fast-moving-consumer-goods-market-patanjali.php?vref=1,07/03/2021.
• Ayurveda Association of Canada, Available from: https://www.ayurvedaassociation.ca/ 08/03/2021.
• BHATT SHEPHALI AND BUREAU, (2016), Could distribution be Patanjali’s Achilles heel?, The Economic Times, Panache, Available from:
http://economictimes.indiatimes.com/magazines/brand-equity/could-distribution-be-patanjalis-achilles-heel/articleshow/52306425.cms
07/03/2021.
• BUSINESS STANDARD, (2020), India Canada trade rose to 62% in past 5 years: Canadian minister Smith, Available from:
https://www.business-standard.com/article/news-ani/india-canada-trade-rose-to-62-in-past-5-years-says-canadian-min-andrew-smith-
120012901370_1.html 08/03/2021.
• CHANDNA, H., (2021), How Ramdev’s Patanjali Ayurved made a ‘secret’ tech entry with its own IT start-up, The Print. Available at:
https://theprint.in/tech/how-ramdevs-patanjali-ayurved-made-a-secret-tech-entry-with-its-own-it-start-up/369203/ 07/03/2021.
• GOVERNMENT OF CANADA, (2016), About natural health product regulation in Canada, Available from: https://www.canada.ca/en/health-
canada/services/drugs-health-products/natural-non-prescription/regulation.html 08/03/2021.
• HOFSTEDE INSIGHTS,(2021), Available from: https://www.hofstede-insights.com/country/canada/ 08/03/2021.
• HOFSTEDE INSIGHTS,(2021) Available from: https://www.hofstede-insights.com/country-comparison/canada,japan,the-usa/ 20/03/2021.
• MALVIYA SAGAR, TYAGI NEHA AND ET BUREAU, (2016), Colgate to battle Patanjali’s Danat Kanti with herbal toothpaste Vedshakti, The
Economic Times, Industry, Available from: http://economictimes.indiatimes.com/industry/cons-products/fmcg/colgate-to-battle-patanjalis-dant-
kanti-with-herbal-toothpaste-vedshakti/articleshow/53482249.cms 07/03/2021.
• MANDHANI APOORVA (2020), All about magic remedies Act, Law that landed Patanjali in trouble over Covid ’cure’ drug, The Print, Available at:
https://theprint.in/theprint-essential/all-about-magic-remedies-act-law-that-landed-patanjali-in-trouble-over-covid-cure-drug/447788/ 07/03/2021.
PATANJALI, Available from: http://www.patanjaliayurved.org/about.html 08/03/2021.
• QUORA, (2020), What is the population of Indians in Canada as of 2020?, Available from: https://www.quora.com/What-is-the-population-of-
Indians-in-Canada-as-of-2020 08/03/2021.
• R. J., Hanges, P. J., Javidan, M., Dorfman, P. W., & Gupta, V. (Eds.), Culture, Leadership, and Organizations: The GLOBE Study of 62
Societies, 2004, SAGE Publications.
• Roy, V. (2015), “Time to sensitize medical graduates to the Indian Systems of Medicine and Homeopathy”, available at:
www.ncbi.nlm.nih.gov/pmc/articles/PMC4375800/ 08/03/2021.
• Singhi, A., Jain, N. and Puri, N. (2015), “Re-imagining FMCG in India”, CII National FMCG Summit: 2015, Boston Consulting Group, Boston,
MA.
• Sotelo Jimena, Fan Ziyang et.al, (2020), Mapping TradeTech:Trade in the Fourth Industrial Revolution, World Economic Forum.
• SUSTAINABLE DEVELOPMENT REPORT, (2020), Canada, Available from: https://dashboards.sdgindex.org/profiles/can 20/03/2021.
• SUSTAINABLE DEVELOPMENT REPORT, (2020), India, Available from: https://dashboards.sdgindex.org/profiles/ind 20/03/2021.
• THE ECONOMIC TIMES (2017), Six lesson that Patanjali teaches India’s FMCG sector, Industry, Available from:
https://economictimes.indiatimes.com/industry/cons-products/fmcg/six-lessons-that-patanjali-teaches-indias-fmcg-sector/consumers-have-
the-last-laugh/slideshow/51874488.cms 08/03/2021.
• Udasi, V., Satpathy, S. and Chawla, D. (2015), From Opportunity to Execution – The Four Pillars for Achieving Sales and Execution
Success, Nielsen Featured Insights.
• WORLD ECONOMIC LEAGUE TABLE 2021, (2020), , States News Service.
• Patanjali Products, Available from: https://www.flickr.com/photos/patanjaliayurved/47956893072/ 25/03/2021.
• Top 10 Popular Patanjali Products That Promise to Change Your Life, List of the Must Buy Patanjali Products, (2019),
Available from: https://hotdeals360.com/lifestyle/top-10-popular-patanjali-products-1746223 25/03/201.
• PATANJALI, Official site, Available from: https://www.patanjaliayurved.net/ 15/03/2021.

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New international market for business

  • 2. Hello! I am Shubham patil MADE5006 – BUSINESS DESIGN FOR INTERNATIONAL GROWTH MSC – TEXTILE DESIGN, TECH AND INNOVATION. P2610915
  • 3. CONTENT  Company introduction  Global consumer trend adopted  Situation Analysis-5C’s of company  PESTEL analysis  HOFSTEDE  Data interpretation – Primary Research  Conclusion  Bibliography AIM To understand however economic, social, environmental, technological, political and legal factors will impact the success of a business at new International market. OBJECTIVE To assess the “PESTEL“ factors that measure set within the new market and think about whether or not they would support or reject the business. Use the Hofstede model to spot the variations between the two countries and the way this may have an effect on the business.
  • 4. COMPANY INTRODUCTION  COMPANY NAME – PATANJALI  CURRENT MARKET – INDIA  NEW MARKET - CANADA (PATANJALI )
  • 5. PATANJALI COMPANY PROFILE ▹ Patanjali, founded in 2007 by Baba Ramdev and his aide Swami Acharya Balakrishna. ▹ Patanjali has four business divisions: 450 products in its portfolio. ▹ It has disrupted the entire FMCG (FAST MOVING CONSUMER GOODS) market in India with its unconventional growth story. ▹ Low priced, value for money products, herbal or ayurvedic product along with the free consultation. ▹ Vision 1.uplifting the life of Indian farmers(local raw materials) while at the same time 2.Provide healthy lifestyle by promoting Ayurveda and herbal products. (PATANJALI (PATANJALI )
  • 6. 1.Food & Beverage 2. Health & Cosmetic 3. Health drink 4. Home care (Patanjali Products) (PATANJALI ) (PATANJALI ) (PATANJALI ) (PATANJALI ) (PATANJALI (PATANJALI (PATANJALI (PATANJALI
  • 8. “THOUGHTFUL THRIFTIER” ▹ A thoughtful thriftier is defined as the one prioritising value-added and health-conscious products and services. ▹ The products are priced low, have a taste of Indianness to them, emphasises Vedic culture and promote eco-friendly raw materials and processes.  Brand Premium is Old school  Product efficacy  A strong brand identity  Consumers have the last laugh  Scope for innovation
  • 9. SITUATION ANALYSIS – 5C’S OF COMPANY
  • 10. Context - Everyone wants to return to nature and live a healthier lifestyle. - Ramdev baba started Patanjali Ayurveda, a company that would bring the goodness of nature with each of its products, which would be natural and would make everyone healthier. - He branded all of the products as natural and containing the secrets of Ayurveda. Customer - The huge number of followers of Ramdev’s yoga constitutes the main customer base of Patanjali. - Besides this, people in the age group of 35 years and above, people living in urban cities who are health conscious are the customers of Patanjali products. Collaborators - Outsourcing. - Packing with Patanjali tag. - Patanjali has also signed up with a lot of big retail chains like Future group’s Big Bazaar, Reliance among others.
  • 11. ▹ Company ▹ Competitors : The major competitors across all categories are Colgate, Dabur and Hindustan Uniliver Ltd., P&G, ITC (Indian Perspective) • Raw material – Local farmer • High quality with low price • Strong network • 2200 Stores in INDIA • strong political affiliations • Self Brand Ambassador • Dependent on farmers • Attraction- only above age 35 • Less attractive packaging • Lacking in Digital space & Global presence • Targeting can be changed to younger generation • Can scale up through franchise. • Competitors can easily make their foray into the herbal space. • Bigger companies can always create newer brands to start a price war with S W O T
  • 12. PESTEL ANALYSIS  POLITICAL  ECONOMICAL  SOCIAL  TECHNOLOGICAL  ENVIRONMENTA L  LEGAL
  • 13. POLITICAL SCANNING Indian Perspective ▹ ‘Make in India’ - The government encourages & support. ▹ With the UN declaring 21st June as International day for Yoga because of the suggestion of Prime Minister Modi (as it is the longest day of the year); the international appeal of Patanjali is bound to grow as it has Baba Ramdev as its founder. ▹ Patanjali’s IT venture - ‘Start-up Initiative’ of the Modi government. ▹ Baba Ramdev has strong political affiliations - subsidized loans. Canadian Perspective ▹ The Canadian Government supports the franchise Model. ▹ Patanjali has set up its company-owned subsidiary in Brampton and Mississauga. ▹ NNHPD (Natural and Non-prescription Health Products Directorate) a government body issued a mandate in the year 2016 to promote herbal and other non-prescriptive medicines to best benefit the population of the country. (Ayurveda Association of Canada)
  • 14. ECONOMICAL SCANNING Indian Perspective ▹ The company works on the principle of ‘swadeshi’ product. ▹ Raw material – Local farmers – Eliminate margin. ▹ Self farmland for raw material – Increase profit, This is why the price of each product is 15 – 20% less than other competitors. ▹ GST implementation has also favourably impacted. Canadian Perspective ▹ The wealthiest countries in the world & one of the top ten trading nations. ▹ The trade between India and Canada rose to 62% in the past five years. ▹ India is Canada’s 9th largest export market and 10th largest trading partner overall. ▹ Canadian College of Ayurveda in Toronto and Canadian Ayurvedic Medical Alliance promote Ayurvedic Practices and herbal products. (WORLD ECONOMIC LEAGUE TABLE 2021) (WORLD ECONOMIC LEAGUE TABLE 2021)
  • 15. SOCIAL SCANNING Indian Perspective: ▹ Marketing – Through YOGA. ▹ Consumers are promised chemical-free and swadeshi products. ▹ Ayurveda and yoga captures the attention. ▹ Now that Yoga is internationally recognised and practised, Patanjali has a growing market outside India too. ▹ Herbal products - preventing diabetes and hypertension. Canadian Perspective: ▹ Target market - working-class category with 40-50% being middle class which happens to be the target market of Patanjali. ▹ Indian origin makes up one of the largest non-European ethnic groups in Canada. ▹ 18-22% of the Canadian Population is of Indian Origin - amongst which 10% are Punjabi’s, North Indians. ▹ Canada is turning out to be a fertile market for Patanjali to promote its products across all ranges.
  • 16. TECHNOLOGICAL SCANNING Indian Perspective ▹ In 2010, Patanjali Research Foundation was started. ▹ It aims at using both Science and Ayurveda to provide rich quality products and medicines. ▹ In May 2019, company has launched a Technology start-up. ▹ Technological patent in supply chain management, distribution, soil testing, fertiliser calculation and backward linkage. ▹ Investing in 5G technology. Canadian Perspective ▹ Ayurveda Association of Canada (Mississauga) has provided a platform for technological associations and global firms to conduct research in Ayurveda for empowering the Ayurvedic community and nurture the growth and presence of Ayurveda in Canada. ▹ 5G network is launched.
  • 17. ENVIRONMENTAL SCANNING Indian Perspective ▹ Aim of producing chemical-free products. ▹ This is probably one of the strongest factors of the brand. ▹ Natural products with minimum or no artificial interference. ▹ EPI- ▹ SDG Index- Canadian Perspective ▹ Natural, Herbal, Ayurvedic and eco-friendly tag. ▹ Organic products free from chemicals and grown in natural conditions are finding a lot of importance in Indian and Global markets. ▹ EPI – ▹ SDG Index- (Mapping TradeTech:Trade in the Fourth Industrial Revolution) (SUSTAINABLE DEVELOPMENT REPORT) (SUSTAINABLE DEVELOPMENT REPORT) (Mapping TradeTech:Trade in the Fourth Industrial Revolution)
  • 18. LEGAL SCANNING Indian Perspective ▹ Ministry of Ayush. ▹ Various complaints have been filed against the company for advertising its claims on medicine for COVID-19 in Madras High court. ▹ The Medicine Central Control Act 1970, The Drug and Cosmetic Act 1940, The Drugs and Magic Remedies Act 1954 etc are few laws that govern Patanjali and its functioning. Canadian Perspective ▹ Canada follows the standards as per monographs from United States Pharmacopoeia, British Herbal Pharmacopoeia and Expanded Commission E, European Scientific Cooperative on Phytotherapy (ESCOP) and WHO. ▹ Requires prior approval from Health Canada.
  • 19. CANADIAN CULTURE RELATIVE TO OTHER WORLD CULTURES CANADIAN CULTURE RELATIVE TO INDIA Canada Japan USA (HOFSTEDE, 2021) Canada INDIA (HOFSTEDE, 2021) HOFSTEDE Primary research Questionnaire - https://forms.gle/nQtmCyJnFUVMZ7raA
  • 20. Data interpretation of primary research
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  • 25. ▹ Canada government follows Franchise model. ▹ Canada Promotes - Natural and Non prescriptive products, Chemical free products, Ayurvedic practices. ▹ Trades between India and Canada is higher. ▹ Large number of Indian population in Canada. ▹ Research and Development of Ayurvedic products using advanced technology. ▹ Patanjali Follows Ayurvedic and health standards, Easy approval from Health Canada department. ▹ As per HOFSTEDE dimension’s & all above factors we can say, CANADA is best market to establish Patanjali with good success rate.
  • 27. • All Answers Ltd. November 2018. Patanjali's Growth in the Fast Moving Consumer Goods Market, Available from: https://ukdiss.com/examples/fast-moving-consumer-goods-market-patanjali.php?vref=1,07/03/2021. • Ayurveda Association of Canada, Available from: https://www.ayurvedaassociation.ca/ 08/03/2021. • BHATT SHEPHALI AND BUREAU, (2016), Could distribution be Patanjali’s Achilles heel?, The Economic Times, Panache, Available from: http://economictimes.indiatimes.com/magazines/brand-equity/could-distribution-be-patanjalis-achilles-heel/articleshow/52306425.cms 07/03/2021. • BUSINESS STANDARD, (2020), India Canada trade rose to 62% in past 5 years: Canadian minister Smith, Available from: https://www.business-standard.com/article/news-ani/india-canada-trade-rose-to-62-in-past-5-years-says-canadian-min-andrew-smith- 120012901370_1.html 08/03/2021. • CHANDNA, H., (2021), How Ramdev’s Patanjali Ayurved made a ‘secret’ tech entry with its own IT start-up, The Print. Available at: https://theprint.in/tech/how-ramdevs-patanjali-ayurved-made-a-secret-tech-entry-with-its-own-it-start-up/369203/ 07/03/2021. • GOVERNMENT OF CANADA, (2016), About natural health product regulation in Canada, Available from: https://www.canada.ca/en/health- canada/services/drugs-health-products/natural-non-prescription/regulation.html 08/03/2021. • HOFSTEDE INSIGHTS,(2021), Available from: https://www.hofstede-insights.com/country/canada/ 08/03/2021. • HOFSTEDE INSIGHTS,(2021) Available from: https://www.hofstede-insights.com/country-comparison/canada,japan,the-usa/ 20/03/2021. • MALVIYA SAGAR, TYAGI NEHA AND ET BUREAU, (2016), Colgate to battle Patanjali’s Danat Kanti with herbal toothpaste Vedshakti, The Economic Times, Industry, Available from: http://economictimes.indiatimes.com/industry/cons-products/fmcg/colgate-to-battle-patanjalis-dant- kanti-with-herbal-toothpaste-vedshakti/articleshow/53482249.cms 07/03/2021. • MANDHANI APOORVA (2020), All about magic remedies Act, Law that landed Patanjali in trouble over Covid ’cure’ drug, The Print, Available at: https://theprint.in/theprint-essential/all-about-magic-remedies-act-law-that-landed-patanjali-in-trouble-over-covid-cure-drug/447788/ 07/03/2021. PATANJALI, Available from: http://www.patanjaliayurved.org/about.html 08/03/2021.
  • 28. • QUORA, (2020), What is the population of Indians in Canada as of 2020?, Available from: https://www.quora.com/What-is-the-population-of- Indians-in-Canada-as-of-2020 08/03/2021. • R. J., Hanges, P. J., Javidan, M., Dorfman, P. W., & Gupta, V. (Eds.), Culture, Leadership, and Organizations: The GLOBE Study of 62 Societies, 2004, SAGE Publications. • Roy, V. (2015), “Time to sensitize medical graduates to the Indian Systems of Medicine and Homeopathy”, available at: www.ncbi.nlm.nih.gov/pmc/articles/PMC4375800/ 08/03/2021. • Singhi, A., Jain, N. and Puri, N. (2015), “Re-imagining FMCG in India”, CII National FMCG Summit: 2015, Boston Consulting Group, Boston, MA. • Sotelo Jimena, Fan Ziyang et.al, (2020), Mapping TradeTech:Trade in the Fourth Industrial Revolution, World Economic Forum. • SUSTAINABLE DEVELOPMENT REPORT, (2020), Canada, Available from: https://dashboards.sdgindex.org/profiles/can 20/03/2021. • SUSTAINABLE DEVELOPMENT REPORT, (2020), India, Available from: https://dashboards.sdgindex.org/profiles/ind 20/03/2021. • THE ECONOMIC TIMES (2017), Six lesson that Patanjali teaches India’s FMCG sector, Industry, Available from: https://economictimes.indiatimes.com/industry/cons-products/fmcg/six-lessons-that-patanjali-teaches-indias-fmcg-sector/consumers-have- the-last-laugh/slideshow/51874488.cms 08/03/2021. • Udasi, V., Satpathy, S. and Chawla, D. (2015), From Opportunity to Execution – The Four Pillars for Achieving Sales and Execution Success, Nielsen Featured Insights. • WORLD ECONOMIC LEAGUE TABLE 2021, (2020), , States News Service.
  • 29. • Patanjali Products, Available from: https://www.flickr.com/photos/patanjaliayurved/47956893072/ 25/03/2021. • Top 10 Popular Patanjali Products That Promise to Change Your Life, List of the Must Buy Patanjali Products, (2019), Available from: https://hotdeals360.com/lifestyle/top-10-popular-patanjali-products-1746223 25/03/201. • PATANJALI, Official site, Available from: https://www.patanjaliayurved.net/ 15/03/2021.