Prime Minister Narendra Modi said on Wednesday that to promote the traditional medicine industry, India will soon launch the “AYUSH brand” which will give authenticity to quality AYUSH products produced in the country.
Talking about “Healing in India”, he also announced that a special visa category will soon be created for those who wish to travel to the country to avail AYUSH therapies.
Modi was speaking after the inauguration of the three-day AYUSH Global Investment and Innovation Summit at the Mahatma Mandir in Gandhinagar in the presence of Prime Minister of Mauritius Pravind Jugnauth and the Director General of the World Health Organization, the Dr Tredos Ghebreyesus.
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‘AYUSH’ means Ayurveda, Yoga, Naturopathy, Unani, Siddha and Homeopathy. India has a central ministry dedicated to these systems of alternative medicine.
India will soon introduce the AYUSH brand, which will give authenticity to the country’s quality AYUSH products. The mark will be awarded to products checked using the latest technologies. This will give people around the world confidence that they are buying quality AYUSH products, Modi said.
“Traditional medicine has helped increase tourism in Kerala. This power is all over India, in every corner of India. ‘Heal in India’ can become a big brand in this decade. Wellness Centers based on Ayurveda, Unani, Siddha, etc., can be very popular,” the Prime Minister said.
The special “AYUSH visa” will help those who wish to undergo traditional treatments in India, he said. The opportunities for investment and innovation in the field of AYUSH are limitless as the country has seen unprecedented growth in the production of AYUSH medicines, supplements and cosmetics, the Prime Minister said.
“Before 2014, the AYUSH sector was under $3 billion. Today it is also over $18 billion,” he said. There are also opportunities for investment and innovation in supply chain management, AYUSH-based diagnostic tools and telemedicine, Modi said.
The Union Ministry of AYUSH has also taken steps to encourage the culture of start-ups in the field of traditional medicine, and an incubation center developed by the All India Institute of Ayurveda was inaugurated recently. , he noted.
“India is an era of unicorns. In 2022, so far, 14 Indian start-ups have joined the unicorn club. I’m sure unicorns will emerge very soon from our AYUSH start-ups,” said said Modi.
India of the 21st century wants to move forward by sharing its experience, knowledge and information with the world, the Prime Minister has said. “The main reason for the prosperity of Ayurveda is its open source model. Ayurveda has developed through the open source tradition. Even today, we should learn from our ancestors to work with intellectual openness”, Modi said.
The government is also working on upgrading and expanding the AYUSH e-marketplace portal to connect farmers with companies that manufacture AYUSH products, he said, noting that herbal medicines can be a good source to increase farmers’ income.
“It has a large potential for job creation. But we have seen that the markets for these plants and products are limited and specialized. It is very important that farmers involved in the production of medicinal plants have the possibility to easily connect to the market,” he said.
The new “AYUSH Aahar” category introduced by the FSSAI in its regulations last week will help producers of herbal nutritional supplements, Modi said. The recently established AYUSH Export Promotion Council will encourage exports and help find overseas markets, the prime minister added.
The government will create a network of AYUSH parks to encourage research and give a new direction to AYUSH manufacturing, he said. The COVID-19 pandemic has led to an increase in exports of turmeric, considered an immunity booster, Modi noted.
During the same period, modern pharmaceutical companies developed Indian-made COVID-19 vaccines in a very short time, showing “how amazing they were when they got investment at the right time”, he said. -he declares.
“Who could have imagined that we would be able to develop a corona vaccine made in India so soon? Innovation and investment increase the capabilities of any sector. The time has come to increase investment in the AYUSH sector as well, and this summit is a wonderful launch of the same,” Modi said.