AYUSH is the acronym of Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy. The Ministry of AYUSH was formed on 9th November 2014 to ensure the optimal development and propagation of AYUSH systems of health care. Earlier it was known as the Department of Indian System of Medicine and Homeopathy (ISM&H) which was created in March 1995 and renamed as Department of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH) in November 2003, with focused attention for development of Education and Research in Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy. The Ministry of AYUSH lays emphasis on up-gradation of AYUSH educational standards, quality control and standardization of drugs, improving the availability of medicinal plant material, research and development and awareness generation about the efficacy of the system, domestically and internationally.
The Department of Commerce formulates, implements and monitors the Foreign Trade Policy (FTP) which provides the basic framework of policy and strategy to be followed for promoting exports and trade. The Trade Policy is periodically reviewed to incorporate changes necessary to take care of emerging economic scenarios both in the domestic and international economy. Besides, the Department is also entrusted with responsibilities relating to multilateral and bilateral commercial relations, Special Economic Zones, state trading, export promotion and trade facilitation, and development and regulation of certain export oriented industries and commodities.
FICCI is the voice of India's business and industry. Established in 1927, it is India's oldest and largest apex business organization. It serves its members from the Indian private and public corporate sectors and multinational companies, drawing its strength from diverse regional chambers of commerce and industry across states, reaching out to over 2,50,000 companies.
AYUSHEXCIL ( Ayush Export Promotion Council ), the newly formed Export Promotion Council [set up by Ministry of Ayush and supported by Ministry of Commerce, GOI], Launched at the Global Ayush Investment and Innovation Summit held in Gandhinagar, Gujarat on April 20, 2022, Prime Minister Sh. Narendra Modi had officially launched the Ayush Export Promotion Council (AYUSHEXCIL), It aims to oversee exports of products of Ayurveda, Homoeopathy, Siddha, Sowa Rigpa and Unani systems and address trade issues pertaining to these sectors, to facilitate capacity building of its members on export procedures, organize B to B meetings, international events, roadshows, seminars and workshops on the export of Ayush products, and to safeguard the scientific research in the field of Ayush healthcare.