Many Gujarat Ayurvedic manufacturing companies are all set to set up R&D Facilities
With increasing global demand and popularity of ayurvedic medicines, Gujarat based ayurvedic product manufacturers have started diverting their funds and investment towards Research and Development.
Many companies have planned and some have already started working on dedicated R&D departments.
A company like Vadodara based Vasu Health care has already established an R&D centre for ayurvedic medicines and herbal products
Company MD Mr Hardic Ukani has shared that they have a team of 25 people for R&D Facilities which is recognised by the central government, and they are also planning to set up one of the biggest ayurvedic medicinal plants in Vadodara.
A family business which is serving India for over four generations ” Ayukalp UAP Pharma ( Unjha Pharmacy) is planning to invest around Rs 2.5 cr in the R&D centre. 40% of companies turnover is from export so the MD of Ayukalp UAP Pharma Dr Kuntal Shah
Share that ” Given the rising popularity of traditional medicines abroad, we want to invest in R&D.”
Many other companies like Sunrise Remedies, Vivaan Herbals, Shriji Herbal products also have plans to set up their own R&D Centres
ET- Health World