The commerce minister said India’s domestic AYUSH market is estimated to be Rs 5 billion while exports amount to Rs 2 billion. State minister for AYUSH Shripad Yesso Naik said the patient-centric approach of AYUSH systems holds significant potential for finding solutions to India’s public health challenges. The government is also offering incentives to AYUSH industry for international cooperation and encouraging certification of AYUSH products to facilitate exports. More than 30,000 branded and 1,500 traditional AYUSH products are available in the country. According to the WHO, the global herbal market is estimated to reach about $5 trillion by 2050 from the current level of $6.2 billion.

Source: bd News24 December 04, 2017 09:22 UTC