Ayurveda is the “Science of Life,” and India is the home of Ayurveda and herbal medicines. However, starting an ayurvedic medicine manufacturing company takes time and work. Many small details need the utmost care; if anything goes wrong, it could have some big effects. There are different business plans that the ayurvedic industry can use. Some are ayurvedic distribution, ayurvedic franchise concept, ayurvedic medicine marketing companies, manufacturing, and much more.
Important steps for starting a medicine manufacturing unit:
- Looking for a site for the manufacturing unit
The first step is to look for a place where we can set up the manufacturing unit, whether we own it or rent it. Also, the building should have enough staff, machines, laboratories, storage, and more space.
- Choosing a name
After the area is set, the next step is to find a good name for the ayurvedic medicine manufacturing unit. Also, the name should be short, relevant, and original. The name should also be easy to say and represent the company’s business identity. Most importantly, no “silent” characters should exist in the company’s name.
- Applying for a manufacturing license number
It is one of the most important steps in setting up an ayurvedic third-party manufacturing Company. To start an ayurvedic company, you need a license from AYUSH, not from the FSSAI. But we need three things that we can get from AYUSH: a Complete Manufacturing License, a Loan License, and a Contract/Third Party/White Label/Product to Product Manufacturing License.
- Request for approval of a product
To finish this step, you need to make sure you have all the right paperwork. There is a list of documents to submit and a proper way to do things. However, some of the documents needed should be an Application on form 24D, the fees listed, a site plan for the building, a list of machinery, medicines, lab equipment, and more.
After the approval, there are a few more steps to setting up an ayurvedic medicine manufacturing unit:
- Fill out an application for a GST number
If a person isn’t selling products that are exempt, he or she needs a GST number to sell those products across the country. The government made this requirement a law. There is no paper involved in the process, which takes place through an online portal or digitally.
- AYUSH Manufacturing Licence
An AYUSH Manufacturing License is also required for an ayurvedic medicine manufacturer unit, along with a GST number. AYUSH Manufacturing License also needs some information, such as product details, shape, etc. There are also some rules like the manufacturing space can’t be less than 1285 square feet.
- Beginning the manufacturing process
All approvals have been given, so the company can start making the product. But for making quality products that get the job done, the space should be the right size, the machines should be up-to-date, the workers should have experience, and there should be enough lab testing equipment. After making the items, the company can start selling them. The company can sell the products through a website or an online store like Snapdeal, Flipkart, Amazon, etc. Instead of selling online, the ayurvedic medicine manufacturing unit can also sell the products by promoting them in the market.
Conclusion
To sum up, these are the steps that an ayurvedic medicine manufacturing company must take. Shreenaina Naturals is one of the best herbal medicine manufacturers in India. It has a wide range of ayurvedic products. Shreenaina Naturals products are also known for their quality, authenticity, and results.