Search Result for : Yoga Naturopathy

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, Mauritius ink key pacts for bilateral cooperation

The Dollar Business Bureau Prime Minister, Narendra Modi meeting the President of Mauritius, Mr. Rajkeswur Purryag. Image Source: @narendramodi   The Governments of India and Mauritius on Wednesday underwent key agreements and signed Memorandum of Understanding (MoU) for cooperation in various issues aimed at strengthening the bilateral relation, especially in terms of maritime cooperation in the Indian Ocean Region (IOR). In a move towards achieving stronger infrastructure cooperation, both the sides signed a MoU for setting up and upgradation of infrastructure for improving sea and air connectivity at Agalega Island, the outer island of Mauritius. The MoU for infrastructure cooperation was also expected to enhance the capabilities of the Mauritian Defence Forces in safeguarding their interests in the outer island. Under ...

Ayurveda gets a boost in India, but export hurdles remain

The new governments plans to identify new markets and promote Ayurvedic medicines globally, but can it address the real problem of regulatory bottlenecks in the West? Sachin Manawaria | @TheDollarBiz Ayurveda is perhaps the oldest form of medical treatment and is getting popular in both India and overseas due to its holistic approach, low cost and lack of side effects. However, making it a major export product remains a challenge for India, particularly in entering markets such as USA. The Modi government has announced several measures to promote Ayurveda and Ayurvedic medicines as a part of its national preventive health care policy. It has allocated Rs.5,000 crore to the Department of Ayurveda, Yoga & Naturopathy, Unani, Siddha & Homeopathy (AYUSH), up significantly compared ...