Medicinal Plants play an improtant role in human life to combat diseases since time immemorial. The rural folks and tribals in India even now depend largely on the surrounding plantsforests for their day-to day needs. Medicinal plant are being looked upon not only as a source of health care but also as a source of income. The value of medicinal plants related trade in India is of the order of 5.5 billion US dollar (exim Bank Report-1997) and is further increasing day-by-day. The international market of herbal products is estimated to be US $ 62 billion. India share in the global market of medicinal plants trade is less than 0.5%. In view of the innate Indian strengths, which include diverse eco-systems for growth of medicinal plants, technicalfarming capacity, strong manufacturing sector, the medicinal plants sector can provide a huge export opportunity after fulfilling domestic needs.
Medicinal Plants play an improtant role in human life to combat diseases since time immemorial. The rural folks and tribals in India even now depend largely on the surrounding plantsforests for their day-to day needs. Medicinal plant are being looked upon not only as a source of health care but also as a source of income. The value of medicinal plants related trade in India is of the order of 5.5 billion US dollar (exim Bank Report-1997) and is further increasing day-by-day. The international market of herbal products is estimated to be US $ 62 billion. India share in the global market of medicinal plants trade is less than 0.5%. In view of the innate Indian strengths, which include diverse eco-systems for growth of medicinal plants, technicalfarming capacity, strong manufacturing sector, the medicinal plants sector can provide a huge export opportunity after fulfilling domestic needs.
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