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Prime Minister Narendra Modi inaugurates Global Ayush Investment & Innovation Summit 2022 at Gandhinagar
Prime Minister Narendra Modi inaugurated the Global Ayush Investment & Innovation Summit 2022 at Gandhinagar, Gujarat on 20 April.
The three day Ayush global summit will witness a dialogue with entrepreneurs, industry, startups and other stakeholders to encourage them to increase investment for innovation in Ayush as the sector continues to showcase colossal room for growth.
In his inaugural speech Modi said, “We are already witnessing unprecedented growth in the production of Ayush medicines, supplements and cosmetics. In 2014, where the Ayush sector was less than $3 billion, today it has increased to more than $18 billion. An unprecedented efforts has been made in the past years to promote the export of Ayush products.”
Many new initiatives in Ayush sector was announced by the Prime Minister, first being a special Ayush mark for Ayush products. This will give people all over the world the confidence of quality Ayush products. Government will develop a network of Ayush parks to encourage the promotion, research and manufacturing of Ayush products across the country. A new category named ’Ayush Aahar’ was announced which will greatly facilitate the producers of herbal nutritional supplements.
Further, another major initiative for foreign nationals who want to come to India to take advantage of Ayush therapy was announced. India will soon introduce a special Ayush visa category.
Modi also announced launch of Ayush Export Promotion Council and four Ayush ICT initiatives which includes Ayush Information Hub, AyuSoft, Ayush Next and Ayush GIS.
On this occasion, the Prime Minister distributed awards to the winners of ’Ayush Start-up Challenge’ organised by All India Institute of Ayurveda (AIIA) in association with Start-up India. Under the ‘Food Innovations in Ayush Sector: Ready to Eat Nutritious Ayurveda Ahara (Food)’ category, Ayur Foods won the first prize for developing Therapeutic Ayurveda Nutraceuticals.
The inaugural session also included signing of 5 Memorandum of Understanding among global institutions and governments. Rashtriya Ayurveda Vidyapeeth (RAV) MoU with Argentina, Tripartite MoU between All India Institute of Ayurveda (AIIA) and Brazil on the establishment of academic collaboration in Ayurveda. MoU between All Indian Institute of Ayurveda and University Health Network, Toronto (UHN), Canada, MoU for the establishment of the Ayurveda Chair at Universidad Autónoma de Nuevo León (UANL), Mexico and MoU between NIA, Jaipur and Philippine Institute of Traditional and Alternative Health Care (PITAHC) on cooperation in the field of Ayurveda and other Traditional System of medicine.