Title: Future of Ayurvedic PCD Pharma Companies
1Welcome Saflon Life sciences
2Future of Ayurvedic PCD Pharma Companies
The herbal pharma business in the international
market has been growing steadily in the last few
years. The two main contenders here are Chinese
and Indian companies. However, Indian companies
are still far behind their Chinese counterparts
in the market penetration. However, with demand
for natural medicines likely to increase, Indian
pharma sector must meet every challenge in its
path.
3Future of Ayurvedic PCD Pharma Companies
When it comes to natural or herbal medicine in
India, Ayurveda is the main contender. Based on
the ancient science of wellbeing, Ayurveda still
has the potential to make a deeper penetration in
the international market. The reason behind this
is its strong presence in India and the support
of Ayurvedic PCD pharma companies. So, what
future strategy should we adopt
4Embracing technology
The world is no longer what it was. Technology
has changed the way we shop, think and live. This
amazing tool can be the perfect game changer for
Indian companies. Not only can we use it to
connect with other, we can also use it to break
prejudices against Ayurveda and educate the wider
world on its benefits. One of the crippling
challenges for Ayurvedic companies in the global
markets is the lack of understanding about its
concepts and application. But social media gives
us an opportunity to put across our arguments and
connect with people on a one-to-one basis. It is
the perfect tool today for marketing and
propaganda.
5The other benefit lies in improving operations
and collecting data. Mobile tech, cloud computing
and analytics come in handy here. Mobile with
wearable tech helps us to gather valuable data
and cloud computing are the only way to manage
much larger operations. Ultimately, these tools
will also help analytics that Ayurveda
desperately needs to find a connection with
emerging usages, healthcare concerns and users.
6Alliances and partnerships
When competing with conventional medicines,
Ayurvedic PCD pharma companies are still dealing
a daunting lack of resources and finances. The
only way to counter that is by forming more
alliances and partnerships. In fact, many
Ayurvedic cosmetic companies have already formed
alliances with some of the world's leading
brands. These partnerships are vital in
injecting much needed economic support. The
investing companies can also serve as a gateway
to the larger world, a collaboration of
technologies that will ultimately benefit the
domestic Ayurvedic industry.
7Sticking to a strict regulatory regime
One of the hurdles that Ayurveda faces in the
West is sanctions. Some of Ayurvedic formulations
are frowned upon in the West. The problem becomes
even more unmanageable because of the lax
attitude in following regulations. We need a
strict regulatory mechanism, one that is
fashioned on modern concerns on healthcare. This
will ensure that our own manufacturing standards
remain in line with accepted norms on purity of
natural medicines.
8Improving manufacturing
To remain competitive in the global arena, we
have to ultimately improve our own manufacturing
processes. Concerns on compromised raw material,
wastage of resources and other inefficient
practices harm our own outlook. We need
innovation and a larger government role to see
that manufacturing standards and improved and
maintained. Indian Ayurvedic PCD pharma
companies can lead the global natural remedies
sector. But we need to address our challenges
before we take the top spot.
9Thank You