This document provides information on the status and prospects of the Ayurveda industry in India. It notes that there are over 366,000 registered Ayurvedic medical practitioners and over 8,400 pharmacies manufacturing Ayurvedic medicines in India. Exports of Ayurvedic medicines have reached $100 million annually, with herbs, finished products, and partially prepared products being exported. The document also discusses regulations governing Ayurvedic drugs and over-the-counter medicines under the Drugs and Cosmetics Act and emerging trends in the rural market potential and growth drivers of the Ayurvedic industry in India.
CII and Frost & Sullivan bring Vision 2022 Roadmap study for Indian Ayurveda Industry. This study analyses current positioning and highlights strategic imperatives for the industry to transform itself and grow exponentially.
Herbal industry is one of the globally and nationally growing industries, but this industry has not been explored adequately in the research domain. This has raised certain problems in the industry effective functioning. This study is focussed on understanding this industry Strength, Weakness, Opportunity and Threats (SWOT). The interactions with experts of this industry are done to develop this sector understanding. This study has identified various factors using causal loop diagram which are playing role in the functioning and the current state of the industry. This study concludes by proposing the Indian Herbal Industry SWOT.
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CII and Frost & Sullivan bring Vision 2022 Roadmap study for Indian Ayurveda Industry. This study analyses current positioning and highlights strategic imperatives for the industry to transform itself and grow exponentially.
Herbal industry is one of the globally and nationally growing industries, but this industry has not been explored adequately in the research domain. This has raised certain problems in the industry effective functioning. This study is focussed on understanding this industry Strength, Weakness, Opportunity and Threats (SWOT). The interactions with experts of this industry are done to develop this sector understanding. This study has identified various factors using causal loop diagram which are playing role in the functioning and the current state of the industry. This study concludes by proposing the Indian Herbal Industry SWOT.
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This is the report of my first Summer training in BBA at Lupin, Ankleshwar plant. This whole report is prepared by me with the help of information provided by the company. Production, Dispatch, Store-warehouse, Purchase, Financial, HR departments are included in this project.
This project also include a Mini Project on "Job Satisfaction". I complete this project with the help of Random Survey method. I hop this report will help you in your study.
For any kind of query or correction in the project contact me through
email- rajat.gandhi27@gmail.com
facebook- www.facebook.com/rajat.gandhi28
We offer PCD Pharma Franchise all over India at very low investment initially and dealing in all Pharma Products Categories. We are serving as one of the Best Pharma Franchise Company in India.
In our blog of Pharmaadda we brings you the Top and best Pharma Manufacturers in Baddi which also provide Contact Manufacturing of medicines, Pharma franchise and Third Party Manufacturing. Hoping the Information granted in our blog is useful for the readers.
Regulatory requirement for setting herbal drug industryRAGHAV DOGRA
The World Health Organization (WHO) estimates that 80 percent of the population of some Asian and African countries presently use herbal medicine for some aspect of primary health care.Pharmaceuticals are prohibitively expensive for most of the world's population, half of whom lived on less than $2 U.S. per day in 2002. In comparison, herbal medicines can be grown from seed or gathered from nature for little or no cost
patent (/ˈpætənt/ or /ˈpeɪtənt/) is a set of exclusive rights granted by a sovereign state to an inventor or assignee for a limited period of time in exchange for detailed public disclosure of an invention. An invention is a solution to a specific technological problem and is a product or a process. Patents are a form of intellectual property.
Scientific paper in Ayurveda is not same as modern science Remya Krishnan
There are enormous differences in the fundamental approach of scienticity and scientific approach of Modern science and Ayurveda. Read this to understand that
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Top 10 Pharma Companies in Vadodara | PharmaaddaAditiMehra14
Listed companies are the Top Pharma companies in Vadodara, Gujrat which supplies their medicines and drugs all over India. Visit the http://www.pharmaadda.in/top-10-pharma-companies-in-vadodara for details.
This is the report of my first Summer training in BBA at Lupin, Ankleshwar plant. This whole report is prepared by me with the help of information provided by the company. Production, Dispatch, Store-warehouse, Purchase, Financial, HR departments are included in this project.
This project also include a Mini Project on "Job Satisfaction". I complete this project with the help of Random Survey method. I hop this report will help you in your study.
For any kind of query or correction in the project contact me through
email- rajat.gandhi27@gmail.com
facebook- www.facebook.com/rajat.gandhi28
We offer PCD Pharma Franchise all over India at very low investment initially and dealing in all Pharma Products Categories. We are serving as one of the Best Pharma Franchise Company in India.
In our blog of Pharmaadda we brings you the Top and best Pharma Manufacturers in Baddi which also provide Contact Manufacturing of medicines, Pharma franchise and Third Party Manufacturing. Hoping the Information granted in our blog is useful for the readers.
Regulatory requirement for setting herbal drug industryRAGHAV DOGRA
The World Health Organization (WHO) estimates that 80 percent of the population of some Asian and African countries presently use herbal medicine for some aspect of primary health care.Pharmaceuticals are prohibitively expensive for most of the world's population, half of whom lived on less than $2 U.S. per day in 2002. In comparison, herbal medicines can be grown from seed or gathered from nature for little or no cost
patent (/ˈpætənt/ or /ˈpeɪtənt/) is a set of exclusive rights granted by a sovereign state to an inventor or assignee for a limited period of time in exchange for detailed public disclosure of an invention. An invention is a solution to a specific technological problem and is a product or a process. Patents are a form of intellectual property.
Scientific paper in Ayurveda is not same as modern science Remya Krishnan
There are enormous differences in the fundamental approach of scienticity and scientific approach of Modern science and Ayurveda. Read this to understand that
NEW ERA OF DRUG PRODUCT: OPPORTUNITIES AND CHALLENGESganpat420
Abstract
Introduction
Global pharmaceutical industry
Indian pharmaceutical industry
Indian Pharmaceutical Market
Opportunities
Challenges
Conclusion
References
overview of pharma industry in india, evolution, factors driving demand, structure, products, substitutes,users of the industry, suppliers of the industry, key players in the industry, nature of the industry- cyclical or defensive and difference between the two by showing graph, summarization of brokerage report, forecasting of the industry.
Market research for Indian Pharmaceutical Market switching over from prescribed to OTC products. Scope of Indian Pharmaceutical OTC market, opportunities and challenges.
Indian pharmaceutical history began from Gupta period which was existed from approximately 320 to 550 CE where people were dependent only on indigenous form of medicine before British rule.
In India Allopathic medication was started in British rule, but production of such medicines was not in the country.
In 1901 Acharya P C Ray started first Indian Pharmaceutical Industry, Bangal Chemical in Calcutta.
The government started to encourage the growth of drug manufacturing by Indian companies in the early 1960s, and with the Patents Act in 1970.
However, economic Liberalization in 90s enabled the industry to become what it is today.
Status of pharmaceutical industry in indiaShadab Khan
Status of Pharmaceutical Industry in India
-History
-Evolution
-Current Scenario
-Market Share
-Government Initiatives
-Top 10 Pharmaceutical Industry
-R&D Spendings
-Challenges
-Road Ahead
Introduction to indian pharma industriespharmacampus
Introduction to Indian Pharma Industries: this highlights leading pharma producers, details of exports of medicines, growth statistics, and high potential generic market.
6. STATUS OF AYURVEDA
•Number of registered medical practitioners: 366,812
•Number of dispensaries: 22,100
•Number of hospitals: 2,189
•Number of hospital beds: 33,145
•Number of teaching institutions (undergraduate): 187
•Number of upgraded postgraduate departments: 51
•Number of specialties in postgraduate medical training: 16
•Number of pharmacies manufacturing Ayurvedic medicines: 8,400
•In addition about 400,000 Ayurvedic practitioners,
•There are over 170,000 homeopathic physicians;
•India has about 500,000 medical doctors
•Reliance on Ayurvedic medicine is heavy in states like Kerala.
•Many Ayurvedic practitioners in small villages are not registered.
7. Exports of Ayurvedic medicines
•Exports of Ayurvedic medicines have reached a value of 100
million dollars a year (about 10% the value of the entire
Ayurvedic industry in India).
•About 60% of this is crude herbs (to be manufactured into
products outside India)
•About 30% is finished product shipped abroad for direct sales
to consumers,
•And the remaining 10% is partially prepared products to be
finished in the foreign countries
8. Legislation for pharmaceutical
The major legislation for pharmaceutical regulation is the
•Drugs and Cosmetics Act, 1940 (DCA)
and its subordinate legislation,
•The Drugs and Cosmetics Rules,1945 (DCR).
•Drug (Prices Control) Order, 1995,
•Drugs (Magic Remedies) Objectionable Advertisement Act, 1954
•Pharmacy Act, 1948
9. Regulatory framework for Drugs
REGULATORY FRAME WORK
In India, the import, manufacture, distribution and sale of drugs and cosmetics are regulated by the “Drugs and
Cosmetics Act, 1940 (DCA), the Drugs and Cosmetics Rules, 1945 (DCR).
OTC Drugs
‘OTC Drugs’ means drugs legally allowed to be sold ‘Over The Counter’ by pharmacists, i.e.
with out the prescription of a Registered Medical Practitioner. Although the phrase ‘OTC’ has no legal recognition in
India, all the drugs not included in the list of ‘prescription-only drugs’ are considered to be non-prescription drugs (or
OTC drugs).
Prescription-only drugs are those medicines that are listed in Schedules H and X of the Drug and Cosmetics Rules.
Drugs listed in Schedule G (mostly antihistamines) do not need prescription to purchase but require the following
mandatory text on the label:
“Caution: It is dangerous to take this preparation except under medical supervision”.
Drugs falling in these three schedules are currently not advertised directly to the public under a voluntary
commitment by the pharmaceutical industry.
Currently, non drug-licensed stores (e.g. non-pharmacists) can sell a few medicines classified as ‘Household Remedies’
listed in Schedule K of the D&C Rules in villages whose population is below 1 000 subject to certain other conditions.
10. Regulatory framework for Ayurveda
OTC drugs registered as ‘Ayurvedic Medicines’ (i.e. traditional Indian system of
medicines containing natural / herbal ingredients) are also regulated by the
DCA (Drug & Cosmetic Act) and DCR.
Ayurvedic drugs are manufactured under a manufacturing licence issued by the
Ayurvedic State Licensing Authorities.
However, they do not require a drug sale licence and can be sold freely by non -
chemists.
Some of the largest OTC brands in India are registered as ‘Ayurvedic Medicines’
because of their plant-based natural active ingredients e.g.
•Vicks VapoRub,
•Amrutanjan Pain Balm,
•Zandu Pain Balm,
11. Licensing Authority
Power to provide manufacturing and selling licenses’ - which are the two main stages
required to manufacture and sell a drug
- belongs to each individual State Government through its
-Food and Drug Administration (FDA).
-These Food and Drug Administrations (FDAs) also carry out enforcement of the DCA
and the DCR.
The DCGI office is established in modern premises in Delhi:
Central Drugs Standard Control Organization
Directorate General of Health Services
Ministry of Health and Family Welfare
Government of India
FDA Bhavan, ITO, Kotla Road, New Delhi - 110002
Phone: +91-11-23 23 69 68
13. Definition of Markets
Tier 1 markets as metros (population 1 million),
Class 1 towns (0.5 million to 1 million ) and Class
1A towns (0.1 million to 0.5million).
Tier 2 markets are the remaining urban markets
(Class II, II and IV towns )and rural areas.
14. From a market size of US$ 6.5 billion in 2005, the Indian pharmaceuticals market will
grow to about US$ 20billion by 2015. This implies a compounded annual growth rate
of 12.4 percent.
In terms of scale, the Indian pharmaceutical market is ranked 14th in the world. By
2015, it will rank among the top 10 in the world.
Projected Indian pharmaceuticals market size
15. The incremental market growth of US$14 billion over the next
decade is likely to be the third largest among all markets.
The incremental market growth
17. The growth drivers
Rising disposable incomes and an upward shift in income
demographics will be the dominant factor – 40%
18. Growth profile of diseases
•The prevalence of diabetes will rise from 2.8 per cent in 2005 to 3.7 per cent in 2015;
•coronary heart disease from 3.3 to 4.9 per cent;
•obesity from 1.3 to 2.7 per cent
•hypertension will grow by another 50 million cases
•Key therapeutic areas that will grow as a result of the increase in lifestyle disorders are
•cardiovascular
•neuropsychiatry
•oncology.
19. Market growth
• 45 % of market growth in the next decade will take palace in tier 2 markets.
•Rural markets alone will account for 27 %
•Class II, II and IV towns accounting for 18 %
By 2015, the share of Tier 2 markets will grow marginally to 44 per cent, implying a market size
of US$8.8 billion.
20. Rural Market Potential
•
A large part of the population is excluded by pharma companies when
they don't reach out to the rural market.
• The market can grow anywhere between 10 and 17 percent, if it has
access to the rural areas.
• The rural market, which constitutes 67 percent of India's villages,
accounts for just 17% of total pharma industry sales, being valued at
Rs 9,146 crore in 2010.
• The report states that accessibility of medication in rural areas is very
poor with less than 20 percent of the population having access.
(Source Report: Pricewaterhouse Coopers Report)
21. •Both EBITA & PAT % margins are very low. Such margin cannot sustain a business operation.
•Capital Turn over almost 15 times in a year is very unlikely.
DABUR HHPC
Operating Results:
FY99 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08
2009-
10
Sales Growth YOY (%) 14% 12% 9% 7% -4% 15% 24% 18% 15% 177%
EBITA Margins (%) 11% 13% 12% 12% 13% 13% 15% 17% 18% 18% 0.8%
PAT Margin (%) 6% 8% 7% 6% 7% 9% 11% 13% 13% 14% 0.4%
Debt as % Capital Employed 53% 47% 35% 44% 70% 32% 31% 20% 25% 14% 0.0%
Capital Turn Over 1.5 1.6 2.0 1.7 0.9 3.0 2.7 2.8 3.3 3.3 15.7
RoCE (%) 15% 17% 20% 13% 16% 29% 31% 39% 46% 48% 7.1%
% Earning on Face value of Share 1724% 2655% 274% 238% 322% 381% 549% 396% 324% 384% 17.1%
Key Indicators trends Dabur Compared with HHPC
25. CLASSICAL PRODUCTS
1. Arishtas
2. Asavas
3. Bhasms
4. Chawanprash
5. Churns
6. Gutikas
7. Kashayas
8. Oils
9. Vatis
Our Classical Products are prepared as per CLASSICAL TEXT in our Vedas.
26. Ramdev's Top 10
Ramdev's Top 10 Category
Healing
Heritage
Presence
1 Divya Mukta Vati High Blood Pressure No
2 Divya Kesh Taila - Herbal Hair oil Hair Care/Loss No
3 Divya Medohar vati 50gm Weight Loss No
4 Orgy Oil - Penis Enlargement Sexual Health No
5 Divya Madhunashini Vati 120 Tabs Dibetes No
6 Divya Kesh Kanti Shampoo Hair Care No
7 Divya Dant Kanti Herbal Toothpaste ToothCare No
8
Divya Shilajit Sat (pure shilajit
extract) Sexual Health Yes
9 Divya Medha Vati(Tablets) 40gm
Memory
enhancement No
10 Divya Giloy Sat / Amrita Sat Body Immunity No
27. Comparative presence of HHPC in Lingaraj Apsara.
Sl. No Name Category
Part of
Ramdev Top
10 Category
HHPC
Presence
1 Cold Chung Cough & Cold Yes
2 Gastric Powder Digestive (Acidity) Yes
3 Trifala Powder Intestinal disorder, rejuvenation Yes
4 Trishakti Junai Akra Digestive No
5 Pimples Herbal Face Pack No
6 Black Spot Face Pack No
7 Beauty Care Eye Pack Face Pack No
8 Bleach Pwder Face Pack Yes
9 Meda Hrasaha Churan Weight Loss Yes No
10 Hair oil-1 (falling ) Hair care Yes No
11 Hair oil-1 (vitalise ) Hair care Yes No
12 Hair oil-1 (regeneration) Hair care Yes No
13 Health Powder Health Suppliment Yes No
14 Fat reduction Weight Loss Yes No
15 Pain Oil Pain Killer Yes
16 Joint Pain Pain Oil (Rehumatic) Yes
17 Kamaudipana Churna Sex Enhancement Yes No
18 Sthamandha Churna Sex Enhancement Yes No
19 Breast Oil -Growth Sex Enhancement Yes No
20 Breast Oil -strong Sex Enhancement Yes No
21 Rati shakti Sex Enhancement Yes No
22 Danta Amruta Tooth Paste Yes No
32. There are 2 pictures one for strength & other for immunity
Radiation at the back of Dhoni is implying on power or strength
Pack is bright red, which stands out in the shelf and catches attention
HHPC is confused on trying to communicate so many things-
Cold, infection, body vitality, geriatric health care.
The baby picture feeding confuses further to be a baby food.
Ingredients are prominent than the product utility
33. Face Pack Comparisons
100g/Rs50/OTC/Own Retail Outlet 20g/Rs35/OTC/Trade fair 75g/Rs50/OTC/Trade fair
20g/Rs20/OTC/Trade fair 100g/Rs15/OTC/Wholesale cum Retails 20g/Rs35/OTC/Trade fair
100g/Rs20/OTC/ Trade Fair 20g/Rs32/OTC/Trade fair 100g/Rs15/OTC/Wholesale cum Retail
35. Comments on Honey:
HHPC product looks messy more like a pickle bottle where as Dabur product is clean & bright.
Communication: HHPC product communicates the ingredient of the product ie honey comb, while in
the Dabur product the picture of a happy family communicates the benefit of the use of product
Dabur has the very prominent “branding” on the face where as HHPC has just the logo.
The product transparency and the golden borders expresses the purity of the product in Dabur.
Dabur Honey is marketed on product authenticity, and it provides guarantee on “Purity”
Posters: Two comparative posters intend communicating same message- weight reduction. The right
side poster catches imagination fster because of the depicted picture on it.
Honey Comparatives
37. Packaging Options
Pet: Poly Laminate with stickers- saves cylinder cost for
printing.
Common printed laminates for multiple products-
differentiation through the Labeling sticker
Craft Paper Laminate Zip pouches- for easy reuse
38. A wide range of colorful plastic tubes are available for cosmetic range of Packaging
– mostly Chinese
Packing Material Options
39. Barcodes:
Barcodes:
One of the mandatory requirement for modern retail is the barcode. A
product is identified and tracked through the barcode only. Below is one
sample barcode. Besides the barcodes there are mandatory requirements
which are necessary to be displayed in the stickers.
Barcodes can be easily obtained through Internet. Below name of the web
site address.
https://www.officialeancode.com
For more information regarding EAN codes / barcodes:
Call 1-404-885-6066 (international)
40. BRANDING
BRANDING
Brand not necessarily has to be the name of the company. Band has to be unique,
simple and easy to remember word(s). It can be acronym too. A serious thought
needs to be given on it.
Brand is something….
M A K I N G A P R O M I S E that motivates customers, partners, investors and
employees to buy from you or buy into you
E X P R E S S I N G Y O U R P R O M I S E through compelling names, brand styles and
communications
D E L I V E R I N G O N Y O U R P R O M I S E to each party to keep it credible and keep
your organization focused
U S I N G W H A T Y O U S A Y , what you do and what you value to create branded
experiences that build loyalty and referrals
43. PENNY PACKS
Hindusthan Uni Levers (HUL) strategy of entering rural markets
were based on small packs like sampoo sachets of Rs1/ 2/3.
Lifebuoy soap of Rs2/-. . ITC’s sale of single pieces of cigarettes
contribution is more than packets. Less than Rs5/- price points are
very important for the rural markets.
Advantages of Penny Packs
It generates maximum number of trials
Laddis (strips) in small shops creates visibility
Branding creates product awareness – like serving in flight or train
Many a times % margins are higher in the small packs
44. Penny Packs
Rs 2/-,2g , Himani Ayurveda Rs 1/-, Parag Pouches Rs 1/-, Dabur
Rs 1/-, Bajaj & Company Rs 1.50/-, KM Pharma Rs 1/-,Bajaj & Company
47. MRP build up
Price (MRP) build-up for non-price-controlled medicines
and Ayurvedic medicines is as follows:
% %
Manufacturer’s selling or ex-factory price (MSP) 100 60.2
Central VAT (16% of 57.5% of the MRP) 115.2 69.44
State VAT (4% of the MRP) 121.8 73.4
Stockist / Wholesale price (margin = 10% of the MRP1) 138.33 82.64
Maximum Retail Price (MRP) (margin = 20% of MRP1) 165.3 100.0 165.3 100
56. MODERN RETAIL
MODERN RETAIL
Typically however, less than 5% of sales of FMCG manufacturers in 2006 went through organised
retailers. A manufacturer or importer has to make his proper arrangements for distribution to the
retail level.
For OTC/FMCG products Modern retails work on the following modes:
Sign an annual TOT (Terms of Trade) where they negotiate the below terms
MRP based marked down margin 25- 40%
Annual back margin on sales target- 1-3%
Occasional Promotions of certain value
End cap/ display Income
RTV (Expired or damaged product return to the vendor)
Advantages of operating with Modern retail
No need on product distribution
It creates strong branding value
It generates good quantity of sale
It also generates consumer data
Impact of Promotions can be very easily tracked
Customers are aware of products – as there is planogram display
58. Art work comparison
HHPC: Sexual Debility Drug Lingaraj Herbal : Breast Strong Drug
Comment:
Most products of HHPC lacks customers connect in terms of Picturisation.
Most often the pictures are of the Ingredients & not the benefits
Recommendations:
Re look at the Artwork of the entire product portfolio.
Define USP of each of the product. Not more than 2 USP.
Produce connecting picture to the defined USP.
Do a pre-testing validation of Art work. Does it easily communicate the intended message (USP)
63. Entrepreneur
Poster of Namita Mishra
Highlights
Qualified doctor
100% herbal
Registered production unit
Product range high lights face pack & the others
Contact address & numbers
64. Products are basics- which would be valued
like commodities.
Well Packed- looks value added and hence can be
priced high.
Product Value Addition
65. Khandani (Bunyadi) Ayurvedic Jadibuti treatments
They keep migrating with mobile tents. Raw jadibuti as well as manufactured medicines
are being used. They are seen in metros as well as small cities. They have a specific
clientele.
66. Weekly Markets is health delivery platform for Rural Folk
Typically there are 5-6 jadibbuti sellers in a weekly market. They are not just sellers
but also prescribe what formulation to be taken.