Srikantadatta Narasimharaja Wadiyar signs MoU with ACGB to set up the institute
Institute to come up in Bangalore Conceived as an approach to conserve India's rich heritage in Ayurveda Global market turnover of Ayurveda estimated at $ 120 billion a year
BANGALORE: Scion of Mysore Royal Family Srikantadatta Narasimharaja Wadiyar has signed a memorandum of understanding (MoU) with the Ayurvedic Charitable Hospital and Ayurvedic Company of Great Britain (ACGB) to set up the Royal Institute of Ayurveda in Bangalore.
Speaking to reporters here on Monday, Mr. Wadiyar said the institute was conceived as an approach to conserve India's rich heritage in Ayurveda and to protect its intellectual property rights.
The ACGB, headed by G.K. Warriar, set up the charitable hospital in London in 2000 and now it is eager to spread the wealth of Ayurveda all over the world, he said.
Mr. Wadiyar said the Institute, in addition to training Ayurvedic graduates, will offer an examination for membership for all qualified Ayurvedic doctors to practice to the highest standard at international level.
Those qualified could affix MRIA (Member of Royal Institute of Ayurveda) to their name, he said.
The institute will be inaugurated in April this year, he added.