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India to explore $40-bn market in US

India has also cleared the proposal to send experts to teach Ayurveda in 10 American medical colleges.

Updated on: Jan 13, 2006 05:03 AM IST
None | By , New Delhi
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India has cleared the proposal to send experts to teach Ayurveda in 10 American medical colleges.

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This is a major step towards promoting Ayurvedic studies in the US and tapping its $40 billion herbal market.

"Prime Minister Manmohan Singh has extended his full support for the proposal and we are in touch with officials of Ayurveda department in this regard," a senior medical representative of Indian Doctors in the US, Navin C Shah said.

Shah, who met Singh on Tuesday and is scheduled to meet senior bureaucrats to work out the proposal, said under the arrangement Indian government will finance two Ayurveda professors for the course.

Shah said a short course in Ayurveda will create further interest in learning and use of ancient Indian system of medicine benefiting patients in the US.

Shah, a leading Urologist in Washington and the former President of the American Association of Physicians of Indian origin, representing 41,000 doctors, said there existed a vast $40 billion herbal market in the US.

 
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