The Ancient form of Indian medicine, Ayurveda still remains as popular as it must have in the per-historical days. It is derived from two words of Sanskrit ‘Ayur’ which means ‘longevity’ and ‘Veda’ which means ‘knowledge’. Over time, Ayurveda has only flourished into an efficient and reliable source of healing; in the world of medicine.
Ayurveda revolves around five elements: fire, air, water, earth and sky, which are the components believed to have been used in human composition. It can be described as herbal source of supplements, used as medicine to cure health problems. The top 10 best Ayurvedic companies 2020 in this segments are as below:
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10. Charak Pharmaceuticals
The company was established in 1947 by D N Shroff and S N Shroff. They are considered as one of the largest producers of ayurvedic products in the country. They had a vision to promote Indian knowledge and art of healing, and also wanted to cure health problems of a lot of Indians, using a healthier and natural form of medication. They ensured to provide a scientific proof and reasoning for the herbal products they use in there medicines. The company makes over Rs 140 crores from its annual sales. The net worth of the company is estimated to be Rs 100 crore as of 2016.
9. Shri Baidyanath
The company was founded by Ram Dayal Joshi in 1917 in Kolkata. In order to promote ayurvedic research, they opened an institute ‘Ram Dayal Joshi Memorial Ayurvedic Research Institute’ in 1971 in Patna. During the span of almost a century, they have managed to create a net worth of Rs 135 crore as of 2015, according to tofler.com. They work to promote ayurveda in the country. They aspire to make ayurveda education more popular and a preferable choice of medicine in the country.
8. Vicco Laboratory
Vicco was founded in 1952 by Shri K.V. Pendhakar. Vicco Laboratories is a sub branded created by Vicco Group, to manufacture ayurvedic products and medicine. The company is known to deal, from beauty products to dental to health benefit products. Vicco’s current net worth is Rs 200 crore, majority of revenue comes from the sale of its ayurvedic products. They are mostly popular for its ayurvedic cosmetic products and oral care items.
7. Divya Pharmacy
The company was formed in 1995, under the watch of Balkrishna and Ramdev. In the initial years of the company, they were known for distributing free medicines for patients. However it gained popularity in 2003, only after Ramdev became famous for his Yoga. This helped in transforming the company as a brand, which is led by Yoga Guru Ramdev. Today this Pharmacy, runs like a proper business. It is estimated that the company has an annual turnover of over Rs 500 crore, and a net worth of Rs. 290 crore.
6. J & J Dechane
The company is almost a century old now, and was founded by a Hyderabad resident named D.F. de Souza in 1917. He was born with a foresight, he was man packed with a clear vision and immense knowledge on different types of medicines. The company is estimated to have a net worth of more than Rs 340 crore. The company aims at delivering the best quality drugs at the lowest cost possible to make sure that they are accessible and affordable to all section of society.
5. Hamdard Laboratories
It is an Indian ayurvedic Unani pharmaceutical company, which was established by Hakeem Hafiz Abdul Majeed in 1906 in Delhi. Some of its popular products include Safi, Sharbat Rooh Afza and Joshina etc. The company initiated Hamdard Foundation in 1964, which works to help the society, through the profits. Hamdard had a turnover of more than Rs 600 crore last year, and is planning on taking it to Rs 1000 by next 3 years.
4. Zandu Pharmaceutical Works (Emami)
It is a pharmaceutical company, which was established by Vaidhya Zandu Bhattji in 1910 in Mumbai. In early 2008, the company was acquired by Emami, which bought it for Rs 730 crores. Emani hasn’t messed with the company’s old name, seeing the popularity and goodwill of the company. Zandu alone helps Emami, make an annual income worth Rs 360 crores. Zandu Baam is company’s most popular product, whose name has also appeared in a Bollywood movie song.
3. The Himalaya Drug Company
It was founded in 1930 by M Manal in Bangalore. The company has a market hold of over 92 countries around the world. Himalaya has a team of over 290 researchers, who work to make the best use of ayurvedic minerals and herbs. The company is popular for using a flagship Hepatic drug called ‘Liv.25’, since 1955, which has over 215 clinical test reports backing it. Himalaya has an annual turnover of over Rs 1000 crore, according to business-standard.com. They are known for manufacturing everything from a Kajal to mass gain powders.
2. The Emami Group
The Kolkata Company was established in 1974, by R S Aggarwal and R S Goenka. In 2015, The company’s revenue is said to be Rs 8,800 crore. It was speculated that Emami’s net worth is Rs 1500 crore in 2012, which has definitely grown bigger since then. The company deals with personal care products as well as heath care products. They have a separate market hold for their chemical and ayurvedic products.
1. Dabur India Ltd
The company was established in 1884 by S.K. Burman in Calcutta. It is by far one of the oldest and most popular leading brands in the country. Dabur, provides more than 260 medicines to cure several body and health conditions. They manufacture everything from skin care to food products and have transformed into an International brand. It is estimated that Dabur made revenue of Rs 84.54 Billion in 2016. They have an employment scale of over 7000 people. Dabur has built a market beyond an ayurvedic firm, it is also known for producing edible goods like honey, jam, oats etc. It is way ahead of most of its competing ayurvedic companies who only deal in medicine or cosmetic products.
All these companies have helped the country in sticking to its roots, Ayurveda was originated in the country and we shouldn’t waste this knowledge which we have inherited from our ancestors. Even today, ayurved has solution to diseases which remain uncured by chemical drugs, and medications. We should consider our self lucky, and use this method of healing as a blessing. Ayurved Industry has come a long way since their start in the early 20th century. All these brands have established their names in the International market and are earning similar revenues, when compared to the chemical drug induced medication, manufactured in the world.