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An alternate health-care center offers to heal to the mind and body by using traditional and ancient Indian therapies like naturopathy, Ayurveda, Homeopathy and other therapies like color therapy, acupuncture, and other such alternate methods for wellness and well-being.
This segment is gaining popularity slowly especially in Indian urban cities. The setting up of the AYUSH ministry and support from the Ministry of Tourism amply supports new entrepreneurs to venture into this segment. The centers are often located within city limits as well as outside with the sole purpose of providing mental and physical well-being solutions to people with rising psychological and corporeal issues.
About 35% of the youth in the country today suffer from stress-related issues. There is another good percent of a population that suffers from physical problems. The Indian wellness industry is growing at a compounded annual growth rate of 12 % currently and is expected to touch INR 1.5 trillion by 2020.
As per the National Accreditation Board for Hospitals and healthcare providers (NABH) there are certain specific guidelines to open and operate a wellness center. The guidelines are as follows:-
It is also mandatory for employers to take the following registrations so that their employees are able to benefit from various government schemes.
Recommended Post: Insurance Company Registration Procedure.
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