Ayush Industry - Infographic

AYUSH sector is expected to witness a CAGR of ~17% during 2024-2032 in India.

Advantage India

Unmatched
Legacy

* India is the birthplace of Ayurveda, Yoga & Naturopathy, Unani, Siddha, and Homeopathy, with a continuous practice tradition for millennia.

* A vibrant network of practitioners, educational institutions, and research centers keeps the AYUSH knowledge base alive and evolving.

Robust Demand Icon

Growing Demand &
Employment Opportunities

* Increasing public awareness of natural healthcare is driving demand for AYUSH products, fostering a dynamic market ripe for innovative businesses in the sector.

* Government initiatives promoting AYUSH education and training aim to foster a skilled workforce, meeting industry demands. The AYUSH sector is likely to generate nearly 3 million job opportunities in the near future.

Opportunities in MRO

Favorable
Regulatory Environment

* The Ministry of AYUSH's interim Budget allocation for 2024-25 has seen a significant increase to Rs. 3,712.49 crore (US$ 445 million), marking a 23.74% rise from the previous year's revised estimate of Rs. 3,000 crore (US$ 360 million).

* In the Union Budget 2024-25, the government allocated Rs. 89,287 crore (US$ 10.66 billion) to the Ministry of Health and Family Welfare (MoHFW).

Policy Support

Increasing
Interest

* The number of MSMEs (Micro, Small, and Medium Enterprises) in the AYUSH industry has seen a significant rise. From just 38,216 in August 2021, the number has grown to 53,023 by January 2023.

* Exports of Ayush and herbal products increased by 20.33% in the first month of the current fiscal year, reaching US$ 51.44 million, up from US$ 42.75 million in the same month last year.

Increasing Investments
Last updated: Dec, 2024

Aviation India / Major Airports

  • Delhi
  • Mumbai
  • Chennai
  • Bengaluru
  • Kolkata
  • Hyderabad
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