Indian Healthcare Industry, Investment, Government Role, 2018 Prediction

Indian Healthcare Industry, Investment, Government Role, 2018 Prediction

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Indian Healthcare Industry, Investment, Government Role, 2018 Prediction

Introduction Healthcare is one of the biggest sectors, not only in terms of revenue but also in employment. Several sectors, ranging from health insurance and medical tourism to medical devices and medical equipment, fall under the umbrella market of healthcare in India. To cope up with some of the biggest healthcare challenges in India, the healthcare sector professionals need to consider apt services from healthcare consulting firms in India. The trend is to further expand in 2018.

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Indian Healthcare Industry, Investment, Government Role, 2018 Prediction

Investment Between April 2000 and March 2017, an FDI (Foreign Direct Investment) worth $4.34 billion was invested in Indian diagnostic centres and hospitals. The report is presented by DIPP (Department of Industrial Policy and Promotion). In addition, Indian healthcare industry has been mushrooming to keep receiving. For instance, Biocon Ltd.’s subsidiary titled Syngene has signed a contract with HearbalLife Nutrition, a top healthcare company in India. In fact, Indian healthcare organisations invest in top healthcare consulting companies in India.

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Indian Healthcare Industry, Investment, Government Role, 2018 Prediction

Government Initiatives Being an important industry that plays a great role in the Indian economy, the Indian healthcare industry is backed by a number of topnotch government-led initiatives. Most Indian public healthcare organisations leverage healthcare consulting firms in India to work sensitively in developing better and effective means to deal with the healthcare issues in the country. To demonstrate the appreciation for the Indian healthcare industry, the overall health budget increased to $5.96 billion in the official Union Budget 2017-2018.

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Indian Healthcare Industry, Investment, Government Role, 2018 Prediction

2018 Prediction in Brief Indian healthcare market is expected to keep on developing at a desirable pace in 2018. It is expected to bring a good amount of FDI for adding to the nation’s GDP during the current, 2018-19, fiscal year. The top healthcare organisations will continue to leverage services from top healthcare consulting firms in India to provide better and effectual healthcare facilities to the Indian and foreign patients.

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