Ayush Emerges as One of India’s Fastest-Growing Service Sectors, RIS Study Estimates US$36.92 Billion Economy

A study by the Research and Information System for Developing Countries (RIS) estimates India's Ayush services economy at US$36.92 billion in FY2024–25, registering a 16.91 percent CAGR since FY2022–23. Released during the 11th Ayurveda Day celebrations, the study covers 15,914 establishments across all six Ayush systems. It highlights that clinics and day-care centres form the core of the sector, with Ayurveda generating the largest revenue share. Furthermore, the report notes that the sector directly supports 1.76 million livelihoods with high female workforce participation, generates significant Medical Value Travel revenue, and is projected to scale to US$216–318 billion by 2047.