Project report for Ayurvedic Churna

Create Your own project report in less than 10 mins.

Introduction

Ayurveda is an alternative medicine system with historical roots in the Indian subcontinent. The word “Ayurveda” derived from the Sanskrit words ayur which means life and Veda which means science or knowledge. The word “Churna” is a Sanskrit word which means powder. It is a mixture of powdered herbs and or minerals used in Ayurveda medicine. Churna is a fine powder made by certain drugs or combination of drugs. Each ingredient is pulverized separately and mixed together. There are many varieties of Churnas and every Churn has its own demand in the Market. Churna is the common drugs of present era & these medicines may be used without doctor’s prescription. The Ayurveda drugs are derived from vegetable sources from the various parts of the plant like root, steam. Leaf, flower, fruit extract or plant as a whole. Ayurvedic system of medicine is as old as the Vedic age. Now a days in India,  people give preference to the Ayurvedic medicines as the allopathic medicines are costlier and have side effects. Ayurvedic medicines are based on plants, animals extract and minerals both in single ingredient drugs and compound formulations, however, Ayurveda does not rule out any substances from being used as a potential source of medicine. Medicinal plants have been a major source of cure of human diseases since time immemorial. Since ancient times India are a preacher for Ayurvedic medicines and its use for mankind. Earlier their use was only confined to the rural area, but due to increasing side effects of allopathic medicines use of such type medicines increasing both in rural and urban areas and demand for Ayurvedic medicines is increasing till date. The rural areas are still using Ayurvedic medicines for the treatment of their sickness and only in chronic disease cases use to take allopathic medicines.

View sample report for Ayurvedic Churna

Market potential & Strategy

Over the period of 2017 and 2020, the herbal medicine market in the country grew at a CAGR of 26.7%. The growth of herbal medicines reflects the shifting trend of consumers from allopathic to herbal medicines. The estimated current annual production of herbal drugs is around Rs. 700 crores. This value is low as compared to the production allopathic pharmaceuticals, which is around Rs. 1000 crores. The demand for herbal medicines is increasing and it is estimated that the production of herbal drug may be around Rs. 4500 crores in the year 2023.  The domestic herbal industry will grow rapidly in the coming years and by 2022, it is expected that the size of the domestic market will rise to Rs. 16,000 crore, reflecting a compound growth rate of over 20 percent.

Thus Ayurvedic medicines or drugs are becoming popular day by day and demand for its usage is increasing not only in the country but also worldwide the inherent quality of Ayurvedic treatment of having negligible side or after effects, has made great potential for its production. A large number of medicinal plants, herbs, shrubs etc. are available in our country in the hilly or forest regions. In order to boost the production of Ayurvedic/herbal drugs, Govt. of India has also set up a Board namely Indian system of Medicine and Homeoepathy to encourage production of Ayurvedic medicines specially in the regions where basic raw materials are available in plenty. Thus there is a great potential for Ayurvedic medicines not only in the country but for export purpose also.

Expert Guidance for Loan Approval

Please send a WhatsApp message to us, and our team of experts will guide you in creating a report for Ayurvedic Churna.

Languages-Icon
Create this Project Reports in
less than 10 minutes

No finance skills needed. Simply input a few details, and our software will generate a full project report for you, complete with all financial projections and calculations automatically.

Create Now
Check Format for Project Report
A good project report may contain the specific segments and in detailed format to gain confidence from the loan issuing authority
...
More than 1.5 lakh happy customers are using Finline

"Finline made applying for a loan hassle-free. The rates were competitive, and the customer support was excellent. Will definitely use again!"

S

Sourav Jain
Jain Sweets ,Baroda

"I loved using Finline! The user interface is so simple, and the loan application process was smooth and efficient through them. Highly recommended!"

S

Sachin bhagoda
Lucknow

"Finline made getting a loan so easy! The whole process was fast, and the customer support was excellent. Definitely using it again in the future."

T

Thangavel Marimuthu
Vetrivel Transports , Trichy

"The entire process was quick, and their customer support was fantastic, more over I have a confidence in myself after creating the business plan for my business. Rates are very reasonable and the support they provide is truly fabulous"

A

Angelina Mary
Goa

Frequently asked questions

Everything you need to know about the product and billing.

Finline is an online tool for creating the report online and see the report for free online. You only need to pay for downloading the report.

Yes , ofcourse you can upgrade from a lite plan to a pro at anytime.

You can do unlimited edits even after download without any extra payment.

Lite and Pro are just individual report download plans , not subscription plans.

Not at all, project report is a business plan about your business and it should be prepared by an entrepreneur . Nobody can predict and certify a business which is going to happen in the future.

Yes of course, you can go to the help section in all pages were you can find chat button for seeking support.

Ready to get started?
Create Project Report