Ayush sector gets investment commitments of Rs 9000 cr
Ahmedabad Apr 22 PTI The Ayush Ministry on Friday said it has received letters of intent LoI from various companies committing to the investment of Rs 9000 crore during the three-day Global Ayush Investment and Innovation Summit GAIIS held here The three-day summit inaugurated by Prime Minister Narendra Modi on April 20 at Mahatma Mandir in Gandhinagar came to an end on Friday with entrepreneurs submitting LoIs to the tune of Rs 9000 crore for the sector a release by the ministry said The investments come across major categories like FMCG medical value travel MVT and services pharmaceuticals agriculture technology and diagnostics During the summit more than 70 memoranda of understanding MoUs were signed between countries prestigious research institutes farmers groups and industry The first GAIIS saw participation from more than 30 FMCG companies including Amul Dabur Kama Ayurveda Accord AyurVAID Natural Remedies Ambro Pharma and Patanjali The proposed investment in the Ayush sector is expected to create around 55 lakh jobs said the release In his address at the valedictory session of the Summit Union Minister of Ayush Sarbananda Sonowal said the Ayush sector is growing and achieving unprecedented milestones under the mentorship of PM Modi The summit organized in line with Sustainable Development Goal Number 3 of promoting good health and well-being witnessed the presence of 90 eminent speakers and 100 exhibitors said the release Sonowal added the investors and the entrepreneurs of the world have realized the comparative advantages which Ayush is offering and the Ayush sector has unprecedentedly grown to more than USD 18 billion globally PTI PJT MR
Ahmedabad Apr 22 PTI The Ayush Ministry on Friday said it has received letters of intent LoI from various companies committing to the investment of Rs 9000 crore during the three-day Global Ayush Investment and Innovation Summit GAIIS held here The three-day summit inaugurated by Prime Minister Narendra Modi on April 20 at Mahatma Mandir in Gandhinagar came to an end on Friday with entrepreneurs submitting LoIs to the tune of Rs 9000 crore for the sector a release by the ministry said The investments come across major categories like FMCG medical value travel MVT and services pharmaceuticals agriculture technology and diagnostics During the summit more than 70 memoranda of understanding MoUs were signed between countries prestigious research institutes farmers groups and industry The first GAIIS saw participation from more than 30 FMCG companies including Amul Dabur Kama Ayurveda Accord AyurVAID Natural Remedies Ambro Pharma and Patanjali The proposed investment in the Ayush sector is expected to create around 55 lakh jobs said the release In his address at the valedictory session of the Summit Union Minister of Ayush Sarbananda Sonowal said the Ayush sector is growing and achieving unprecedented milestones under the mentorship of PM Modi The summit organized in line with Sustainable Development Goal Number 3 of promoting good health and well-being witnessed the presence of 90 eminent speakers and 100 exhibitors said the release Sonowal added the investors and the entrepreneurs of the world have realized the comparative advantages which Ayush is offering and the Ayush sector has unprecedentedly grown to more than USD 18 billion globally PTI PJT MR
