Ayurveda Market

Ayurveda has potential to strengthen healthcare systems globally: PM Modi

The 10th World Ayurveda Congress and AROGYA Expo began here on Thursday with Prime Minister Narendra Modi asserting that the ancient Indian system of medicine has the potential to strengthen the global healthcare systems. In a message read out at the inaugural function of the event, Modi also reiterated the government's commitment to promote Ayurveda. Ayurveda has the potential to strengthen the global healthcare systems as it focuses on providing comprehensive remedies to various health problems and lays equal emphasis on prevention, nutrition and mental health, the prime minister said. Modi expressed confidence that the four-day meet will expedite the promotion of Ayurveda at the global level and asked the delegates to come out with a new blueprint for the purpose. The event is being attended by over 5,500 delegates, including about 350 overseas delegates from 54 countries. Addressing the event, Uttarakhand Chief Minister Pushkar Singh Dhami said the state government is working

Kairali Ayurvedic Group eyes Rs 150 cr revenue by FY26 with organic growth

Kairali Ayurvedic Group is aiming a consolidated revenue of Rs 150 crore by FY26, led by the expansion of its hospitality and Ayurveda treatment centres along with ramp-up of FMCG and OTC business, said its Executive Director Abhilash K Ramesh. The 76-year-old Kairali Ayurvedic Group (KAG) is largely split into three divisions - Ayurveda Centers, Hospitality and Ayurvedic Products - and each is charting its own growth plans, both in domestic as well as foreign markets. The group, which has a debt-free balance sheet, has its entire focus on organic growth by preserving its heritage, in hospitality and in its products business, he added. "Post pandemic, we are looking at Rs 150 crore by FY26. That is nearly doubling what we are doing right now. Maybe we go better than we expect," Ramesh told PTI. During the pandemic, like other hospitality firms, its revenue was also impacted but it gradually come out. As part of its growth ambitions, KAG is also looking at foreign markets for the .

SC notice to Centre on plea to include ayurveda, yoga in Ayushman Bharat

The Supreme Court sought the Centre's response on a plea seeking inclusion of ayurveda, yoga, and naturopathy in the national Ayushman Bharat scheme. A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra issued the notice to the Centre and others on the petition filed by advocate Ashwini Kumar Upadhyay. The plea, which sought inclusion of the practices in PM-JAY, also known as Ayushman Bharat, said the inclusion would allow a significant portion of the country's population to avail affordable healthcare benefits and wellness in various serious diseases, apart from providing employment to many working in the field of Ayurveda. Ayushman Bharat, which was launched in 2018, has two main components -- PM-JAY and Health and Wellness Centres. The former provides for a cashless health insurance cover of Rs 5 lakh per BPL family every year. The petitioner sought the scheme to be implemented in all states and the Indian healthcare systems. "PM-JAY, that is, ..

Cannarma set to raise USD 3mn to Drive Expansion and Innovation

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The Ayurveda Experience secures $27 mn in funding led by Jungle Ventures

The funds would help firm ramp up customer engagement on its platform, invest in product R&D

What is the Magic Remedies Act under which Patanjali is facing scrutiny

Everything you need to know on the false advertisement case against Patanjali and the implications of the Drugs and Magic Remedies Act, 1954

Supporting ayurveda a vibrant example of being vocal for local: PM Modi

Prime Minister Narendra Modi said on Friday that supporting ayurveda is a vibrant example of being "vocal for local" and added the ancient treatment is furthering new paths to wellness. In a post on X to mark Ayurveda Day, which falls on the day of Dhanteras, the prime minister said, "It is an occasion to salute the innovators and practitioners who are blending this ancient knowledge with modernity, propelling ayurveda to new heights globally." He added, "From groundbreaking research to dynamic startups, ayurveda is furthering new paths to wellness. Supporting ayurveda is also a vibrant example of being vocal for local." The prime minister earlier also wished people on Dhanteras.

Ayurveda firm TAC raises Rs 100 cr in funding for business expansion

Company will use money for manufacturing, research, expanding offline presence

D2Y company Ayurveda Co raises $3 mn from investors including Wipro

D2C ayurvedic brand The Ayurveda Company on Thursday announced raising USD 3 million (Rs 22.89 crore) from a host of investors, including Wipro Consumer Care Ventures. Rahul Gupta of Tricity Technologies and Harsh Gupta of School of Design & Entrepreneurship also participated in the funding round. "This will accelerate the growth towards becoming India's first & fastest growing D2C Ayurvedic Personal Care & Wellness Brand," said a statement from The Ayurveda Company (TAC). Funds will be utilised to ramp up growth, production capabilities and venture into the retail sector. "In the next 12-15 months, TAC will be gearing up to grow to Rs 100 crore turnover, boost team and technology, expand market share, and strengthen its footing in the D2C space," it said.

Dabur looks to sharpen its herbal edge as ayurvedic products get a push

As ayurvedic formulations get a renewed push in the fight against Covid-19, can one of the oldest players in the segment step up its game?

Dabur, Himalaya witness spike in sales of Ayurvedic products amid Covid-19

For Himalaya, the surge in demand has been seen particularly in its Pure Herbs range such as Guduchi, Tulasi, Amalaki, Ashwagandha and others

Coronavirus outbreak: India plans ayurvedic trials on patients soon

On the preventive front, many states, including Haryana, Goa and Kerala, have started using ayurvedic medicines for asymptomatic patients and even frontline workers.

Taking ayurveda to the world

With the whole world turning to natural products, the time for its rebirth is just right

Ayurveda enters mainstream as insurers are willing to pay for treatment

Today, covers for alternative therapies can be availed at 68 accredited hospitals, provided they are combined with modern medicine and are under strict supervision

Rejuvenating mind, body and soul while holidaying in the hinterlands

Don't put an end to your annual vacation just because you're diabetic, are on dialysis or have cardiac issues. Several nature cure centres offer you a unique opportunity to heal while you holiday

Ayurvedic products market size seen at $8 bn by 2020: AYUSH Minister

The programme was jointly organised by the Ministry of AYUSH and the Confederation of Indian Industry (CII)