Lok Sabha Question No. 1030 (UNSTARRED), answered on 2023-12-08
Subject: Trade in Ayurvedic Medicines
Ministry: AYURVEDA,YOGA & NATUROPATHY,UNANI,SIDDHA AND HOMEOPATHY (AYUSH)
Asked by: S.R. Parthiban

## GOVERNMENT OF INDIA MINISTRY OF AYUSH LOK SABHA UNSTARRED QUESTION NO-1030 ANSWERED ON 08/12/2023

## Trade in Ayurvedic Medicines

## 1030: SHRI PARTHIBAN S.R:

Will the Minister of Ayush be pleased to state:

- (a) the details of the Ayurvedic medicines exported and imported during the last two years and the current year;
- (b) the name of the countries that export the majority of Ayurvedic medicines;
- (c) the details of the revenue earned from the export of Ayurvedic medicines by the Government during the said period, year-wise; and
- (d) the details of the steps taken/proposed to be taken by the Government to increase the demand of Ayurvedic medicines in the international market?

## ANSWER THE MINISTER OF AYUSH (SHRI SARBANANDA SONOWAL)

(a), (b) & (c) As per data from the DGCI&S, India's exports of Ayurveda and herbal products  recorded  an  annual  growth  rate  (CAGR)  of  12.4  percent  during  FY21  to FY23, to reach 5,014.3 crores INR in FY23, up from 3,967.4 crores INR in FY21. Meanwhile, India's import of Ayurveda and herbal products stood at 753.8 crores INR in  FY23, increasing from  590.7 crores INR  in FY21, and recording a CAGR of 13 percent during this period. Consequently, India's trade surplus in Ayurveda and herbal products has also increased from 3,376.7 crore INR in FY21, to 4,260.5 crore INR in FY23, registering a CAGR of 12.3 percent.

Recent Trends in India's Trade in Ayurveda and Herbal Products

| Year              | Export Value (in Crore INR )   | Import Value (in Crore INR )   |
|-------------------|--------------------------------|--------------------------------|
| FY21              | 3,967.4                        | 590.7                          |
| FY22              | 4,527.6                        | 577.8                          |
| FY23              | 5,014.3                        | 753.8                          |
| CAGR (FY21-FY23)  | 12.4%                          | 13.0%                          |
| FY24 (April-Sept) | 2,425.1                        | 284.8                          |

Source: DGCI&S

In  terms  of  key  markets,  the  USA  is  the  largest  destination  for  India's  exports  of Ayurveda and herbal products, accounting for a share of 27.4 percent in India's total exports  of  Ayurveda  and  herbal  products  in  FY23.  Other  top  export  destinations  for Ayurveda and herbal products in FY23 include Germany (share of 9.2 percent), Italy (4.6 percent), China (4.3 percent), and the UAE (4.3 percent), among others.

- d)  The  Ministry  of  Ayush,  to  further  the  global  recognition  of  AYUSH  systems  of medicine,  developed  the  central  sector  scheme  for  the  Promotion  of  International Cooperation for AYUSH. Under this scheme the Ministry provides support to Indian AYUSH  drug  Manufacturers/  Ayush  Service  providers  for  the  export  of  AYUSH products  and  services.  Ministry  also  facilitates  the  interaction  of  stakeholders  and market  development  of  AYUSH  at  the  international  level,  promote  academics  and research through the establishment of AYUSH Academic Chairs in foreign countries, and holds training workshop/symposiums for promoting and strengthening awareness and interest about AYUSH Systems of Medicine at international level.

The Ministry of Ayush has encouraged and facilitated the establishment of AYUSH Export  Promotion  Council  (AYUSHEXCIL)  to  promote  the  export  of  AYUSH products and services.

Ministry  of  Ayush  is  engaged  for  multilateral  cooperation  on  Traditional  Medicine with forums viz. Shanghai Cooperation Organisation (SCO), Association of Southeast Asian Nations (ASEAN), Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), G20 etc. The initiatives taken by Ministry has led to establishment of  India-EU Technical Working Group (TWG) on Ayurveda, and an Expert Working Group (EWG) on Traditional Medicine under SCO. The Ministry organized B2B meeting under SCO and conference of ASEAN countries in 2023. The ministry also participates in various trade agreements and bilateral trade meetings by the Ministry of Commerce.

The bilateral cooperation with various countries led to the signing of the Memorandum  of  Understanding  (MoUs)  for  cooperation  in  the  field  of  traditional medicines  to  promote  the  greater  demand  and  recognition  for  AYUSH  system  of medicine, as follows,

-  Signed  24  Country  to  Country  MoUs  for  Cooperation  in  field  of  Traditional Medicine and Homoeopathy with foreign nations.
-  Signed  46  MoUs  with  international  institutes  for  undertaking  Collaborative Research / Academic collaboration.
-  Signed  15  MoUs  with  international  institutes  for  setting  up  of  AYUSH Academic Chairs in foreign nations.

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