"On part of Ministry of External affairs (MEA), we have asked all our chairs and missions to take a serious look to promote Ayush and Ayurveda," he said.
He said 25 Indian missions have got Ayush facilitation centers.
"...And these are being managed in a manner in which we would like them to become much greater than what they are today," Singh said while inaugurating an ASSOCHAM Conference on MEDiTravel - 2017' here.
He said the government is open for suggestions and recommendations to make things better for people who are coming for treatment from abroad.
"Misuse and abuse create problems for any new initiative," he added.
Singh said the field has got tremendous potential which can make India the hub of medical facilities and allow rest of the world to come here.
Singh also said, "We have got both the traditional medicine as well as alternative therapies and there are people in the world who look towards India as the country for these cost-effective treatments."
In his address at the ASSOCHAM summit, Amarendra Khatua, Secretary (Special Assignment), MEA and DG, ICCR, stressed the Medi travel industry now needs concentrated and coordinated approach for growth, revenue generation and quality service.
Today, he said, the pharma market is about USD 40 billion.
He said the average growth rate is 14 per cent per year at CAGR and in real terms medical visa arrivals increase almost at the rate of 80 per cent every year since 2010.
"It also creates great India brand," he said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
