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Healthcare Products
`Good scope for Indo-Pak co-op in healthcare sector'
Our Bureau
New Delhi
,
Feb. 25
INDIA could capture the $3-trillion global healthcare industry and there is potential for co-operation between India and Pakistan, said Mr Vinod Khanna, Union Minister of State for External Affairs.
Delivering the inaugural address at the two-day conference on `Healthcare - Destination India' being organised by the Confederation of Indian Industry, he said, "The Indian Government will encourage initiatives for both our countries to work on a reciprocal basis and exchange doctors and coordinate in research programmes concerning health."
Dr Farzana Nazir, Parliamentary Secretary - Health, Punjab, Government of Pakistan, and the Guest of Honour at the conference, described healthcare as an area where both countries can work in cooperation for optimum utilization of their respective strengths.
In his keynote address, Dr Naresh Trehan, Executive Director, Escorts Heart Institute & Research Centre, highlighted that collective cooperation between the Government and the private sector is extremely vital to enable healthcare services to reach the masses. Stressing that the healthcare industry is very robust, he observed that India spends 5.2 per cent of its GDP on healthcare, which is comparable with most other developing countries, which spend between 5 and 7 per cent of their GDP on healthcare.
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