AYUSH Ministry opens its arms to boost the exports of Ayurvedic products

NewsBharati    22-Dec-2017
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New Delhi, December 22: AYUSH Ministry has shook hands with Commerce and Industry Ministry; Federation of Indian Chambers of Commerce and Industry (FICCI) and Pharmexcil to organize the International AROGYA 2017 – First Edition of International Exhibition and Conference on AYUSH and Wellness with the theme ‘Enhancing the export potential of AYUSH’.


This event was attended by many dignitaries and manufacturers. During the conference important topics relating to Standardization and Quality Control in AYUSH Sector, Enhancing the export potential of AYUSH and Business opportunities, Integrative Healthcare etc. were extensively deliberated to understand the International perspective.

 

The Ministry of AYUSH offers incentives to the AYUSH industry under its Central Sector Scheme for International Cooperation (i) to get market authorization/ registration for their product(s) at regulatory bodies of different countries such as USFDA/EMEA/UK-MHRA/ NHPD/ TGA etc. to enhance their exports (ii) for participation in international exhibitions, trade fairs, road shows etc. to create awareness about the efficacy of their products.

In addition to the above, for facilitating exports, Ministry of AYUSH encourages following certifications of AYUSH products as per details below:-

(i) Voluntary Quality Certification of Pharmaceutical Products (CoPP) under ITS Guidelines

(ii) Quality Certifications Scheme implemented by the Quality Council of India (QCI) for grant of AYUSH Premium mark to Ayurvedic, Siddha and Unani products on the basis of third party evaluation of quality in accordance with the status of compliance to international standards.

Besides, Commerce and Industry Ministry provides support for enhancing export of traditional medicines through Pharmexcil by giving opportunity to small and medium scale companies for facilitating business meetings and also providing a global platform to showcase their products. Pharmexcil organises Buyer-Sellers and Reverse Buyer-Sellers Meets focused on AYUSH and AYUSH related products.

Total Value of the AYUSH & Herbal Products for last 3 Financial Year and Current Year (upto September, 2017)

Values in Millions US $

 

2014-15

2015-16

2016-17

2017-18(UPTO SEP 2017)

COMMODITY

QTY(KGS)

VALUES

QTY(KGS)

VALUES

QTY(KGS)

VALUES

QTY(KGS)

VALUES

AYUSH AND HERBAL PRODUCTS

92059212

354.68

95883497

364.00

83357976

401.68

42270028

208.90