3rd February 2020 Mumbai: The commercial capital of the country witnessed a unique platform for AYUSH (Ayurvedic, Yoga, Unani, Siddha & Homeopathy), Organic and Wellness in The Arogya Fest 2020, which was organized at the Bombay Exhibition Center, Goregaon East by NESCO Exhibitions. The expo was supported by the Ministry of AYUSH and the Association Of Ayurvedic Practitioners (AAP). Brands such as Amazon, Jagat Pharma, Sandu pharma, VICCO, The Yoga Institute, Gujarat Tourism, etc participated in the show.
AYUSH is a 10 billion USD market and is supported mainly by growing exports and domestic consumption. It is expected to grow to 15 billion USD market by 2021. Currently, there are around 8 lakh AYUSH practitioners in India. The AYUSH industry is expected to grow in double digits and provide direct employment to 1 million people and indirect jobs to 25 million persons by 2021. Government has allowed 100% FDI in AYUSH. The industry has the potential to boost tourism in India as many foreign tourists visit India for the purpose of wellness.