How to Start a Herbal and Medicinal Plants Business in India?

Herbal and medicinal plants are considered therapeutic agents used to prevent diseases and illness almost all over the world. A recent increase in herbal medicine shift has been noticed in developed countries that have completely changed the conventional medicine industry.

India is blessed with more than 80% of the world's biodiversity, including a wide variety of medicinal properties. India holds great potential in occupying a significant global position in the therapeutic and herbal plant export business.

As the second-largest exporter of medicinal plants globally, India holds a promising future of growth in this industry.

 Rising Business Idea: Medicinal Plant Export

• Indian herbs are renowned globally for their excellent medicinal properties. Himalayas, Aravalis, and Nilgiri mountains are home to some of the most significant medicinal herbs reserves in the world. 
• The popularity of traditional Indian medicine, Ayurveda, is mainly responsible for Indian medicinal plants' demand growth.
• Besides the medicinal usage, herbs like basil, parsley, sage, rosemary, mint are used worldwide for culinary cuisines.
• Herbs are also heavily used in the cosmetics and perfume industry.
• The pandemic situation has restored people's faith in the remedial usage of Naturopathy and Homoeopathy. So the demand graph of medicinal plants is only going uphill from now on.

There's no doubt about the bright prospect of the medical industry. As long as you are equipped with the right tools and licenses, you can venture into any business. To start a business, few permissions are required. 

How can we help you?

With Online Legal India™, get access to, register for Import Export Code for your business until your contentment. Our team acts as your legal concierge and works round the clock to give you support at an economical price. We have served more than 1,20,000 happy customers and have the finest legal brains who would give you assistance across the country.

Apart from getting registered with IEC, any business personnel must also register with GST, TAX and Compliances, Accounting, Trademark Registration, or creative assistance in Logo Designing. To deliver your digital assistance we have the best minds in the industry for your business incorporation, our concierge work round the clock to give you a hassle-free Sole Proprietorship online.