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Thursday, Dec 30, 2004

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Sri Lankan Ministry in pact with Herbz India for herbal farming

Our Bureau

Kochi , Dec. 29

THE Sri Lankan Ministry of Indigenous Medicines has entered into a tie-up with the Kozhikode-based Herbz India Ltd for promoting herbal farming.

The Sri Lankan Minister for Indigenous Medicine, Mr Tissa Karalliyada, who was in Kerala with a team of delegates had to rush back on hearing about the calamity that took place in his country.

Instead, the Commissioner of Ayurveda in Sri Lanka stayed back and completed the tie up formalities with Herbz India.

There has been a herbal revolution happening worldwide and the world herbal industry, estimated at $150 billion, has been growing at seven per cent per annum, a press release here said.

The medicinal herbs industry has been one of the greatest re-discoveries from which the future generations stand to benefit the maximum.

However, there are several third world countries like India and Sri Lanka, which have a unique combination of enabling factors such as climate, soil, agricultural strength and natural resources.

But they are handicapped by a lack of a comprehensive coordination in the agricultural value chain and an over emphasis on plantation crops.

It is these inherent features that the tie up plans to address and increase the production from herbal farming.

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