Dec 7: Market size of AYUSH industry as a whole has grown around 17 per cent during 2014-2020 with the increase in global and domestic demand and enabled by a strong support to regulatory, research and development and robust infrastructure by the Ministry of AYUSH.
State wise export data are compiled by Directorate General of Commercial Intelligence & Statistics (DGCIS), Ministry of Commerce & Industry on the basis of State Codes reported by the exporters in the shipping bills with the customs authority. Export of AYUSH and Herbal Products from the State of Uttarakhand during 2019-20 and 2020-21 are as under:
| Financial Year | Quantity in kgs | Value in Million USD |
| 2019-20 | 364271 | 2.29 |
| 2020-21 | 513514 | 3.81 |
To boost export of AYUSH products, under Central Sector Scheme for promotion of
International Cooperation, (IC Scheme), incentives are provided to AYUSH drug manufacturers for participating in International exhibitions / trade fairs, etc. and for Market Authorization/registration of AYUSH products with USFDA/ EMEA/ UK-MHRA/ NHPD (Canada)/ TGA and other international regulatory agencies, etc. abroad for the purpose of export. So far more than 50 products (Unani and Ayurveda) have been registered in 08 countries namely Kenya, USA, Russia, Latvia, Canada, Oman, Tajikistan and Sri Lanka
In addition to the above, for facilitating exports, Ministry of AYUSH encourages following certifications of AYUSH products as per details below:-
(i) Certification of Pharmaceutical Products (CoPP) as per WHO Guidelines for herbal products.
(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.
Disclaimer: We donot claim that the images used as part of the news published are always owned by us. From time to time, we use images sourced as part of news or any related images or representations. Kindly take a look at our image usage policy on how we select the image that are used as part of the news.
