Herbal industry is poised for a very high growth, a conference held at TNAU, Coimbatore, has revealed.
To promote R&D on herbals as a potential bio-entrepreneurship opportunity, a two-day conference on 'Leveraging Herbal Research for Bio-Entrepreneurship was held on 11th to 12th October.
"Biotechnology based development of herbal medicines and health benefiting compounds have huge potential for industrialization and economic growth. With the new guidelines on phytopharmaceuticals, herbal industry is poised for higher growth. Therefore this workshop was organized to provide a platform for sharing knowledge between key stakeholders and identified the scope and challenges of bio-entrepreneurship through the R&D on herbal remedies", the Organisers said.
The conference was jointly organised by the Department of Biotechnology (DBT), Government of India, New Delhi, Entrepreneurship Development and Innovation Institute (EDII), Government of Tamil Nadu, Chennai, and Centre for Plant Molecular Biology and Biotechnology (CPMB), Tamil Nadu and TNAU, Coimbatore.
Representatives of DBT, EDII and TNAU, Dr. P.M. Murali, President of Association of Biotechnology Led Enterprises, Dr. Mohd Aslam, Advisor, DBT, New Delhi, Dr. Shakthi Vinay Shukla, Director, Fragrance & Flavour Development Centre (FFDC), Kannauj Shajeevana, Additional Director, EDII, Dr. R. Gnanam, Director (CPMB&B), TNAU, Dr. S. Mohankumar, Professor and Head (Biotechnology) and leading scientists/entrepreneurs in herbal industries delivered motivating talks on entrepreneurial opportunities in herbal medicines and bio-innovations.
According to an official press release, on the first day , students and entrepreneurs were given hands-on training on basic laboratory techniques on herbal medicine production and business plan preparation guidance. The event brought together about 200 participants across the State to discuss opportunities for entrepreneurial activities in herbal industry.
The second day was marked by lectures and panel discussions on topics like potential technologies for commercialization for the benefit of start-ups and Herbal industry landscape in India, its role in advancing development, and the future potential for this sector.
To promote R&D on herbals as a potential bio-entrepreneurship opportunity, a two-day conference on 'Leveraging Herbal Research for Bio-Entrepreneurship was held on 11th to 12th October.
"Biotechnology based development of herbal medicines and health benefiting compounds have huge potential for industrialization and economic growth. With the new guidelines on phytopharmaceuticals, herbal industry is poised for higher growth. Therefore this workshop was organized to provide a platform for sharing knowledge between key stakeholders and identified the scope and challenges of bio-entrepreneurship through the R&D on herbal remedies", the Organisers said.
The conference was jointly organised by the Department of Biotechnology (DBT), Government of India, New Delhi, Entrepreneurship Development and Innovation Institute (EDII), Government of Tamil Nadu, Chennai, and Centre for Plant Molecular Biology and Biotechnology (CPMB), Tamil Nadu and TNAU, Coimbatore.
Representatives of DBT, EDII and TNAU, Dr. P.M. Murali, President of Association of Biotechnology Led Enterprises, Dr. Mohd Aslam, Advisor, DBT, New Delhi, Dr. Shakthi Vinay Shukla, Director, Fragrance & Flavour Development Centre (FFDC), Kannauj Shajeevana, Additional Director, EDII, Dr. R. Gnanam, Director (CPMB&B), TNAU, Dr. S. Mohankumar, Professor and Head (Biotechnology) and leading scientists/entrepreneurs in herbal industries delivered motivating talks on entrepreneurial opportunities in herbal medicines and bio-innovations.
According to an official press release, on the first day , students and entrepreneurs were given hands-on training on basic laboratory techniques on herbal medicine production and business plan preparation guidance. The event brought together about 200 participants across the State to discuss opportunities for entrepreneurial activities in herbal industry.
The second day was marked by lectures and panel discussions on topics like potential technologies for commercialization for the benefit of start-ups and Herbal industry landscape in India, its role in advancing development, and the future potential for this sector.