Homeopathy came to India courtesy Maharajah Ranjit Singh of Punjab.
Homeopathy constitutes approximately 14% of the total alternative market with an annual growth rate of 20-25% as compared to pharma, which has a 10% growth rate.
The Homeopathy market in India is worth Rs. 12.5 billion.
The Government of India developed the homeopathic system of medicine by setting up a homeopathic enquiry committee way back in 1948, and today it is accepted as one of the National Systems of Medicine.
There are over 3,00,000 qualified homeopath practitioners, 7,500 government clinics, 307 hospitals, and 183 Teaching Institutes affiliated to Universities existing in India specific to Homeopathy.
A current survey in 7 Indian cities revealed that 48% people trust Homeopathy as the preferred option of treatment.
