AYUSH Minister seeks inputs from global experts to turn India into Ayurveda hub
The Dollar Business Bureau AYUSH Minister Shripad Yesso Naik has sought for inputs and suggestions from researchers and practitioners of Ayurveda from across the world, which may be included in the Ministry’s works with regards to streamlining the practice and study of this India’s traditional health sciences. “AYUSH Ministry is taking concerted efforts for systematic development of Ayurveda and other traditional medicines, stated Naik while speaking at the 7th World Ayurveda Congress, held in Kolkata last week. The Minister also administered an oath amongst the practitioners and researchers of Ayurveda for concertedly working to develop and make popular the Ayurveda practice, which is a traditional system of health care developed in the ancient India. In the last two decades, interest has ...
'Indian nutraceutical industry yet to explore export avenues'
Sai Nikesh | The Dollar Business Global nutraceutical market is expected to cross $262.9 billion by 2020 from the current level of $182.6 billion, growing by 8% annually, a study be Associated Chamber of Commerce and Industry (ASSOCHAM) has claimed. Changing lifestyle and rising health awareness is expected to boost Indian market too and the country’s nutraceutical market is likely to cross $6.1 billion by 2020 from the current level of $2.8 billion growing at the compound annual growth rate of about 17%, said the study titled ‘Indian Nutraceuticals, Herbals, and Functional Foods Industry: Emerging on Global Map’. Experts feel that even though there is a huge development scope, few challenges are hindering growth of the Indian Nutraceutical Industry. “India is having ...
