Ayurvedic Hospitals

Kairali Ayurvedic Group eyes Rs 150 cr revenue by FY26 with organic growth

Kairali Ayurvedic Group is aiming a consolidated revenue of Rs 150 crore by FY26, led by the expansion of its hospitality and Ayurveda treatment centres along with ramp-up of FMCG and OTC business, said its Executive Director Abhilash K Ramesh. The 76-year-old Kairali Ayurvedic Group (KAG) is largely split into three divisions - Ayurveda Centers, Hospitality and Ayurvedic Products - and each is charting its own growth plans, both in domestic as well as foreign markets. The group, which has a debt-free balance sheet, has its entire focus on organic growth by preserving its heritage, in hospitality and in its products business, he added. "Post pandemic, we are looking at Rs 150 crore by FY26. That is nearly doubling what we are doing right now. Maybe we go better than we expect," Ramesh told PTI. During the pandemic, like other hospitality firms, its revenue was also impacted but it gradually come out. As part of its growth ambitions, KAG is also looking at foreign markets for the .

Narayana Hrudalaya's consolidated revenue rises 8.7% to Rs 1,364.4 cr in Q1

The hospital chain reported a net profit of Rs 201.49 crore in Q1FY25 as compared to Rs 184.04 crore in Q1FY24

UP provides Rs 100 cr for Mahakumbh, funds for Vedic research in Ayodhya

The Uttar Pradesh government's FY25 budget on Monday proposed an allocation of Rs 100 crore for organising Mahakumbh-2025 while providing funds for an international Ramayan and Vedic research centre in Ayodhya. Presenting the state budget, Finance Minister Suresh Kumar Khanna said that Rs 100 crore is being proposed for organising Mahakumbh-2025 A provision of Rs 14.68 crore has been made for the setting up of Nishad Raj Guha Cultural Centre, Shringverpur, Rs 11.79 crore for the establishment of a music college in Hariharpur of Azamgarh district and another Rs 10.53 crore to set up the Maharishi Valmiki Cultural Centre at Chitrakoot. Besides, Rs 10 crore has been proposed for the International Ramayana and Vedic Research Institute in Ayodhya, Khanna said. More than 37.9 crore tourists came to Uttar Pradesh from January to October in 2023, out of which the number of Indian tourists was about 37.77 crore and that of foreign tourists was about 13.43 lakh, he said. Like every year, th

Global Ayurveda Festival 2023: Ministers from across the world to join

5th edition of Global Ayurveda Festival 2023 will take place in Thiruvananthapuram in Kerala today. This is a five-day event which will begin today. VP Jagdeep Dhankhar will inaugurate the event

Ayurveda experts call for novel strategies to conserve medicinal plants

The earth is losing one potential drug every two years due to the survival threat to medicinal plants and the rate of their extinction is a hundred times faster than the natural process, according to experts who attended the World Ayurveda Congress (WAC) in Goa. They also underlined the need for the conservation of medicinal plants beyond awareness campaigns. Ten per cent of the 900 major medicinal plants in India are under the "threatened" category, observed speakers at a session on 'Conservation Needs of Medicinal Plants' at the 9th edition of the WAC and Arogya Expo 2022. The four-day WAC concluded on Sunday. "The earth is losing one potential drug every two years at an extinction rate that is a hundred times faster than the natural process," a release said quoting various experts who spoke at the session. In his valedictory address at WAC, Prime Minister Narendra Modi on Sunday said the world has tried various treatment styles and is returning to the ancient treatment methods

Apollo Hospitals acquires 60% stake in Ayurveda hospital chain AyurVAID

Apollo Hospitals Enterprise Ltd on Wednesday said it has acquired a 60 per cent stake in leading classical Ayurveda hospital chain AyurVAID for a consideration of Rs 26.4 crore. The investment will be used to upgrade existing centres, set up new centres, strengthen enterprise platforms, and for digital health initiatives, the healthcare major said in a regulatory filing. Beginning with a revenue estimate of over Rs 15 crore for FY23 for AyurVaid, the target is to achieve Rs 100 crore in the next three years, it added. "We believe there is immense scope to deliver evidence-based integrated medicine, combining allopathic and traditional models, to improve outcomes and quality of life for our patients. This will be a transformational journey, which will lead to the evolution of care models in India and around the world," Apollo Hospitals Enterprise Chairman Prathap C Reddy stated. The Apollo-AyurVAID partnership will be a beacon of hope not just for Indian citizens, but for medical .

India's health disorder

Dismal realities about health care in the National Capital Region

Kerala govt permits reopening of spas, ayurvedic resorts after months

State Tourism Minister Kadakampally Surendran said the order was issued to reopen the spas and Ayurvedic resorts in the state which were closed in the wake of outbreak of coronavirus

Ayush ministry approves two Ayurvedic hospitals in UP

Hospitals will be set up in Bilaur and Bithur areas of the district with 50 and 15 bed capacity, respectively