Patanjali Foods - Ruchi Soya
Sanjeev Asthana has a diverse and extensive work experience. Sanjeev is currently the Chief Executive Officer of Patanjali Foods - Ruchi Soya since July 2020. Prior to this, they served as the Managing Partner at I-Farm Venture Advisors Pvt. Ltd. from 2011 to 2023.
Before joining I-Farm Venture Advisors Pvt. Ltd., Sanjeev held the position of President and Chief Executive at Reliance Retail from 2006 to 2010. During their tenure at Reliance Retail, they played a crucial role in building the food business from scratch and implementing unique business models. Sanjeev also led a $200 million investment in food supply chain infrastructure and oversaw the roll-out of Reliance Retail with a $1 billion investment.
Prior to Reliance Retail, Sanjeev worked as the Director of Cargill India from 1997 to 2006. In this role, they managed the grain and oilseed business and was involved in strategic investment and joint venture decisions. Sanjeev'sleadership and innovative approach earned recognition for Cargill as one of the most innovative large-scale businesses in emerging economies.
Sanjeev began their career at ITC Limited in 1991, where they held various roles across different countries. Sanjeev served as the Country Manager for Indonesia and Romania and played a significant role in setting up East European operations in Romania, dealing with distribution and investments in the privatization of state assets/companies.
In summary, Sanjeev Asthana has a strong background in executive leadership, business development, and investment management, with experience in diverse industries such as retail, agriculture, and consumer goods.
Sanjeev Asthana completed their MBA in International Trade from the Indian Institute of Foreign Trade in 1989. Sanjeev also holds a Master of Business Administration (MBA) degree from the Institute of Rural Management Anand (IRMA) with a specialization in Business Administration and Management. Prior to this, they obtained a Bachelor of Commerce (BCom) degree from Lucknow University.
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Patanjali Foods - Ruchi Soya
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Since its incorporation in 1986, Patanjali Foods Limited (formerly known as Ruchi Soya Industries Limited) has evolved as an integrated player in the edible oil business with a presence across the entire value chain, from farm to fork with secured access to palm oil plantations in India. Today we feature among the Top FMCG players as one of the leading manufacturers & marketers of a healthy range of Edible Oils and a Pioneer of Soya Foods in India. It is also one of the largest palm plantation companies in India. Among the oldest and most established edible oil players in India, Patanjali Foods Limited’s strong brand recognition has enabled the Company to maintain its leading position in the industry. The continuous efforts by the company have today established Nutrela, Mahakosh, Sunrich, Ruchi Gold & Ruchi No.1 as iconic brands across the country.