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Latent Opportunity for Indian Entrepreneur in Global Market
In the world ayurveda market, share of Indian entrepreneurs is only 5% with Rs. 4000 crore. If India gets its act together, it can become a major player in the global market for herbal based medicines. Exports of herbal materials and medicines can jump from just Rs. 446 crore now to Rs. 3500 crore b...
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Format: | Article |
Language: | English |
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2005
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LEADER | 01516nab a22002177a 4500 | ||
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008 | 160615b2005 xxu||||| |||| 00| 0 eng d | ||
100 | |a Trivedi, Rohit H | ||
245 | |a Latent Opportunity for Indian Entrepreneur in Global Market |c A Case Study of Ayurvedic Industry / Trivedi, Rohit H. | ||
260 | |c 2005 | ||
520 | |a In the world ayurveda market, share of Indian entrepreneurs is only 5% with Rs. 4000 crore. If India gets its act together, it can become a major player in the global market for herbal based medicines. Exports of herbal materials and medicines can jump from just Rs. 446 crore now to Rs. 3500 crore by 2006. And, with a grand strategic plan, exports can shoot to Rs. 10,000 crore by 2010. The international market for such plants is more than $60 billion a year, and growing at a rate of seven per cent. Finding opportunities in the international market and standard preparations to be developed with quality, efficiency and effectiveness of the traditional drugs are the bottom-line solutions for ayurvedic entrepreneur of India. | ||
650 | |a Case Study | ||
650 | |a Ayurvedic Industry | ||
650 | |a Indian Entrepreneur | ||
650 | |a Informal Sector | ||
650 | |a Global Economyeneurship | ||
650 | |a Entrepreneurship In Global Economy / Inf | ||
650 | |a Entrepreneurshipip Research | ||
650 | |a Sixth Biennial Conference On Advances An | ||
650 | |a Biennial Conference Papers | ||
773 | |a Sixth Biennial Conference on Advances and Trends in Entrepre Research |d February 9-11, | ||
999 | |c 43191 |d 43191 |