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Challenges in Ladakh's Medicinal Plant Business

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The medicinal plant business in Ladakh encounters several obstacles that hinder its growth and sustainability. One of the major challenges is the lack of market access and value addition, preventing producers from maximizing the potential of these plants. The absence of seed cultivation and propagation units further complicates the expansion of the industry. Additionally, infrastructure issues and stringent certification formalities create roadblocks for businesses looking to scale up. Financial constraints also limit the ability to invest in better facilities and technology. Many medicinal plants in the region are endangered, increasing the risk of illegal trade and exploitation in the black market. Furthermore, the lack of public knowledge about herbal medicine and its benefits restricts demand and wider adoption of these traditional remedies.
  • Published on:21 Nov 2024
  • Published By TEC UoL