He is the founder of Pankajakasthuri Herbals,[1] This is a business group that contributed to the promotion and popularising of Ayurveda and ayurvedic products across the country.
Nair spent the next two years in the formation of Sree Dhanwanthari Ayurvedics, the forerunner of Pankajakasthuri Herbals India Ltd [PHIL], which came into stream in 1988 at Poovachal.
[3] The early days were difficult, however this changed in 1996 when Nair launched ayurvedic over-the-counter products under the brand name Pankajakasthuri, a name coined combining his mother's name, Pankajam, and his eldest daughter's name, Kasturi.
He also sponsors the educational expenses of 125 students, and provides free in-patient medical treatment to 50 patients, including medicines.
[3] "My only agenda," said Nair, "is the popularization of Ayurveda as an effective and economic mode of treatment among people.