India has one of the richest plant medicine traditions in the world and it is a tradition that is of remarkable contemporary relevance for ensuring health security to the country's large population, observed CEO of Ramoni Research Foundation K. Balasubramanian at a national seminar on “Impact of biotechnology on herbal formulations” organised by GITAM University's Biotechnology Department.
Dr. Balasubramanian hoped that India evolved as a major drugs and herbal based health care products leader in the world market in near future, adding that both plant species and traditional knowledge are important to the herbal medicine in the pharmaceutical industry whereby plants provide raw materials and the traditional knowledge gives the prerequisite information. He said biotechnology played a key role in preserving the Indian medicinal plants.