Health Industry India

By Kamal PoriaIndian healthcare industry U.S. $ 35 billion industry and expected to reach U.S. $ 75 billion by 2012. This sector thus provides a lot of potential as Indians become more health conscious and compete for best performance. To address the growing demand from this sector, India needs around U.S. $ 50 billion per year.
The health system barely exists in rural India. With India's economic growth and rural infrastructure, health care industry began to grow rapidly in this area. So, there is a need for investment in infrastructure, equipment, and technology area.
Public health system is overburdened and has no tech support. The entry of private capital increased further Indian healthcare industry. In addition, primary health has launched an IPO (initial public offering) tries to exploit the potential of this area more.
With the increasing awareness of health risks and diseases that can happen to them, the Indians were aware of the benefits of health insurance. Thus, this sector shows much promise. The health insurance industry will reach U.S. $ 5,750,000 in 2010 based on research from the Chamber of Commerce, PhD departments.
Also, the stress and lifestyle diseases related to increase, this sector gained more popularity. International giants like AIG, which is working with Tata group. Other collaborations like Bajaj Allianz and Aviva. More people will be insurance to help ensure their health needs. Thus, this industry is an important investment area.
The pharmaceutical industry is also gaining prominence. With the cost of research available and skilled labor is low a good investment option. Costs and voice technology infrastructure to make it a viable option.
Health systems such as ayurveda and homeopathy India is increasingly gaining popularity abroad. More employers will go abroad to alternative therapies because they are completely natural and has no side effects. Because they are derived from plant extracts and has been around for a long time, more people are realizing the potential of this area. Thus, this provides a good environment.
Another area for investment in India is an industry research. With great talent and growth of biotechnology and bioinformatics in India, it offers tremendous growth prospects.
But other areas are medical equipment exports to India. There are requirements more technologically sound instruments in India. With the growth of high-end hospital, it offers a great perspective. And competing with the patient to health facilities and hospitals to expand the quality of the field.
India has also increased for medical tourism destination. With reasonable medical expenses, and sound technology in place, this is a growing sector. This bodes well for the healthcare industry in India.
This is not a limiting factor for foreign investment in the industry unlike other industries. The absence of the rule of law is an encouragement. The Government recognizes the need for technological advancement in this sector has given a lot of relaxation.
Thus, the general health of the industry will grow exponentially and offers good investment potential for foreign investors in India.