Patanjali, Chinese firm to promote Ayurveda research jointly

Image
ANI New Delhi, [India]
Last Updated : Dec 15 2018 | 8:05 PM IST

A memorandum of understanding (MoU) has been signed between Administrative Committee of Nabdagang Industrial Park (ACNIP) and Patanjali Ayurvedic Limited to promote Ayurveda research and science. The MoU was signed at Nabdagang in Hebei Province of China.

Patanjali Ayurvedic chairman Acharya Balkrishna took to Facebook on Saturday to share the details of the MoU signed with ACNIP, calling the move a proud moment for the country and its culture. "Proud moment for India and Indian culture," he wrote in Hindi.

"Under the MoU, the Government of China has promised to provide required resources and assistance to India in various fields including art, culture, tradition, yoga, research for Ayurveda, herbal medicines, yoga centres, tourism, IT sector, education, media, and so on," Balkrishna's post stated.

The other partners under the MoU include CM Group of Nepal and Chinese Cultural Promotional Society, and Malaysia Branch.

In 2006, Baba Ramdev established the Patanjali Ayurvedic Limited along with Acharya Balkrishna with an aim of establishing the science of Ayurveda in tune with contemporary technology and ancient wisdom.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 15 2018 | 8:05 PM IST

Next Story