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Requirement of drug license for sale of Ayurvedic Medicines

Query: Dear Mr Ajay Kamboj , I have read your blog: How to start ayurvedic medicine store? and How to start ayurvedic wholesale and distribution? on the subject matter. it is very helpful. In this regard I have a query that on what basis the licensing authority inform that license for sale of Ayurvedic Medicines is not required. I mean any written rule for this. Response: Government only describes the rules for which a license is required. If any product doesn't require any license then you will not find any written rule for it. It's understood. Ayurvedic medicines are regulated through drug and cosmetic act . In drug and cosmetic act, only conditions and license type of manufacturing license of ayurvedic medicine is described. Distribution and sale license is not described or mentioned. So there is no requirement of a sales license for ayurvedic medicines. For explanation, a llopathic medicines require license for all business that is manufacturing, sale, purchase, stock,

How to Start Ayurvedic Pcd Company Distribution Business?

This article will cover the query sent by our reader regarding ayurvedic pcd distribution business. Query is as follow: I want to start Ayurvedic medicine pcd Distribution business. Please send all details.

The Indian ayush industry is more than US $ --- billion in 2016 which is growing at a rapid speed of a CAGR of 16.14 %. It is expected to reach a mark of US$ 14.9 billion by 2026. Investing in a sector that is said to get the least affected by covid-19 and is the best place to establish a good business. The industry serves the masses with ayush medicines, immunity booster, and herbal products which have good demand round the clock. In this article, we will discuss the requirements for taking an ayurvedic PCD distribution business!

First, we will know about ayurvedic pcd distribution business. Then we will discuss about how you can start ayurvedic pcd distribution business.

What is ayurvedic pcd distribution business?


Ayurvedic Pcd Business is similar term of ayurvedic franchise business but in ayurvedic pcd distribution small order quantity could be supply.

Ayurvedic pcd business is defined as the authorisation provided by ayurvedic company to an individual/group/distributor to conduct commercial activity at assigned area at monopoly basis. Ayurvedic pcd company provides products, marketing support, branding and number of other facilities whereas pcd distributor market and sell products into market. Whole process is as per mutual discussed and written agreement.

Qualification and Experience required for starting Ayurvedic PCD distribution Business:

For starting PCD distribution business, one is required to have at least following requirements:
  • Having 3-4 years’ experience in ayush industry or mlm industry or pharmaceutical industry etc
  • Ayush doctors/vaid/hakims

Documents and registrations required for ayurvedic pcd distribution:

  • Goods and service tax (GST) identification number or PAN card details
  • FSSAI registration (if food products also available with ayurvedic company)

Investment required:

Investment for ayurvedic pcd business is required as per purchase you make with ayurvedic company. No security charges is generally asked for by ayurvedic pcd company but security cheques can be taken by ayurvedic company for payment security purpose.

Tips to find best ayurvedic franchise company for PCD:

For finding best ayurvedic pcd company for your ayurvedic business, you need to follow to following steps:
  • Search about ayurvedic pcd companies through online ways (google, facebook or other means) or offline ways (advertisement at ayurvedic books, magazines etc)
  • Finalize best possible ayurvedic pcd company for you
  • Search deeply about ayurvedic company, you are going to take pcd distribution online and offline
  • Discuss about all terms and conditions
  • Check out whether they are providing monopoly rights or not
  • Check out quality certifications available with the company
  • Check products availability at regular basis or not
  • Finalize all term and conditions
  • Start working

Profit Margin:

A ayurvedic pcd distributor can earn nearly 20-40% margin on the basis of maximum retail price.

Things to consider while selecting ayurvedic pcd company:

  • Product Range
  • Payment term and conditions
  • Monopoly rights
  • Promotional inputs for marketing and selling of products
  • Products packaging
  • Profit margin
  • Certifications
  • Target system or not
  • Market presence and reputation

Conclusion:

Ayurvedic PCD business is one of the best businesses to start in ayurvedic industry. You can earn good amount of profit and easily set-up own ayurvedic business. 



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