Patanjali successfully bids for food park at MIHAN
The Dollar Business Bureau Patanjali Ayurved Ltd, the FMCG company founded by Baba Ramdev, has successfully submitted a proposal to set up a modern food park at Multi-modal International Hub Airport at Nagpur (MIHAN). Earlier, Maharashtra Airport Development Company (MADC) had floated two global tenders this year, one in May and the other in July, but has not been able to get a bidder. MADC has floated the tenders for the third time and got Patanjali Ayurved Ltd as the qualified bidder, the state-owned agency said in a press release on Friday. The state-run agency has taken a decision to create agro, herbal, food and forest-based industrial parks, spreading across a 230-acre land in MIHAN. This project is a part of MADC’s efforts in the development of ...
Export potential of AYUSH sector is Rs 200 crore: Minister
The Dollar Business Bureau In view of the growing global demand for the medicinal and aromatic plants, there is a need to promote agri-entrepreneurship in Medicinal and Aromatic Plant (MAP) cultivation in India. This was stated by Harsh Vardhan, Union Minister for Science & Technology and Earth Sciences on April 12, 2015. Highlighting India’s potential of becoming leading supplier in the MAP sector, the Minister informed that the government’s efforts are underway in encouraging research and development of credible products of MAP, in view of the sector’s global demand. “India is already a big player in the international market for medicinal and aromatic plants. The government is giving technological support through enhanced R&D. The future is very bright,” ...
India to promote manufacturing of medicinal plants
The Dollar Business Bureau Despite sincere efforts by the National Medicinal Plants Board (NMPB) under Ministry of Ayurvedic, Unani, Siddha and Homoeopathy (AYUSH), Government of India, to ensure overall development of medicinal plants, the industry still perceives difficulties in procurement of the same. According to the Ministry of AYUSH, certain medicinal plants are threatened and endangered, thereby resulting in shortage of supply. Because of this reason, the industry finds it difficult in the procurement of medicinal plant materials like Guggul (Commiphora wightii), Katuki (Picrorrhiza Kurroa), Kuth (Saussurea lappa), Jatamansi (Nardostachys Jatamansi), among many others, informed the Shripad Yesso Naik, Minister of State, AYUSH, on Friday. Under NMPB, the government’s developmental activities under promotion of medicinal plants include conservation, cultivation, processing ...
