‘Invest in AYUSH’ to encourage entrepreneurs to invest in Ayurveda, Yoga: Naik

New Delhi, Oct 17 (IEBusiness) The Union Ministry of Ayush is organising its firs national summit on ‘Invest in Ayush’ to encourage public sector undertakings under different Ministries, departments of the Government and private companies to invest in Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy.

The event will be held at Ambedkar International Centre here on November 4, 2018. 

A preparatory meeting for the summit was held on Tuesday, which was presided by AYUSH Minister Shripad Naik. 

On this occasion, Naik said the Ministry has taken many new initiatives to increase the market size of AYUSH and we are in close cooperation with Industry Chambers like FICCI, CII, PHD Chambers and ASSOCHAM to achieve this goal. 

Naik also said the Ministry has signed MoU with Ministry of Micro Small and Medium Enterprises (MSME) to develop entrepreneurs in AYUSH sector and to strengthen the existing AYUSH Industry sector including manufacturers of AYUSH drugs, cosmetics, food supplements, hospital industry. 

He added, “we will be working with MSME to organise 50 Entrepreneurship Development Programs in next one year in different cities covering all the states across the country.”

The Minister also said the Ministry has taken a challenge to create one lakhs job opportunities in AYUSH Sector under the Champion Sector Scheme as devised by Union Cabinet and the Ministry is working with Commerce Ministry to support non-government sector to establish many international standard Ayurveda and other AYUSH Hospitals.

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