ABSTRACT

The term Indian Systems of Medicine covers both the systems which originated in India as well as outside, but got adopted in India in the course of time? This chapter provides an overview of the rapidly growing Indian herbal industry followed by the legal parameters encompassing the manufacturing of herbal drugs. The turnover of Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy industry is estimated to be more than Rs. 8800 crore. The domestic market of Indian Systems of Medicine & Homoeopathy is of the order of Rs. 4000 Crore with a total consumption of all botanicals to a figure of 177000 MT, which is expanding day by day. There is a complex of a large number of manufacturing units using herbal material for various purposes. Whereas the largest number of such manufacturing units are registered as ‘pharmaceuticals’, there are others that are engaged in making plant based cosmetics and food supplements.