The study was designed to investigate the economics of herbal industrial units in Himachal Pradesh. Most of the herbal industries are organized as sole proprietorship followed by partnership, private, co-operative and private. Most of the entrepreneurs of herbal industrial units in H.P. were having experience 21 to 30 years. As an entrepreneur of herbal industry in H.P., Technical graduates (BAMS) were high in as compared to graduates other than BAMS. Profitability analysis revealed that herbal processing industry is a profitable venture. Multiple regression analysis showed that explanatory variables positively affecting the gross return of herbal industry of H.P. were found to be; expenses on packaging and qualification (number of years of schooling).
The study was designed to investigate the economics of herbal industrial units in Himachal Pradesh. Most of the herbal industries are organized as sole proprietorship followed by partnership, private, cooperative and private. Most of the entrepreneurs of herbal industrial units in H.P. were having experience 21 to 30 years. As an entrepreneur of herbal industry in H.P., Technical graduates (BAMS) were high in as compared to graduates other than BAMS. Profitability analysis revealed that herbal processing industry is a profitable venture. Multiple regression analysis showed that explanatory variables positively affecting the gross return of herbal industry of H.P. were found to be; expenses on packaging and qualification (number of years of schooling).
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