ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Medicinal Crops: New Thrust

New Thrust The global market for traditional remedies has shot up to over $ 70 bn today from less than $ 20 bn just five years ago. India, with its huge cornucopia of herbal and plant species and a long tradition of indigenous systems of medicine, is well placed to play a significant role in this resurgence. Besides medicines, aromatic and medicinal plants are also used as raw material in cosmetics and perfumes, food colouring agents and as biopesticides. At present, India has a rather small turnover of around Rs 5,000 crore in medicinal and aromatic plants, and its share in the global market is only around 1 per cent. However, this picture can be changed by putting to use the country

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