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Industry & Economy - Medical Institutions & Hospitals
Exciting times for Indian healthcare, says Kamal Nath

Our Bureau

New Delhi, Nov. 14 These are exciting times for the healthcare industry, with large windows of opportunities opening up, said Mr Kamal Nath, Union Minister, Commerce and Industry.

The Minister, addressing a Health Summit in the Capital, said India was not short

of the required investments, with many global investors waiting to invest in Indian healthcare. What was needed was a platform or a forum to channelise these investments.

The total value of the sector was more than $34 billion, which translated to roughly 6 per cent of GDP. Mr Kamal Nath, however, also added that when it came to healthcare there were two Indias. “The country that provides high quality medical care to middle-class Indians and medical tourists, and the India where substantial part of the population has limited access to quality care.”

The brand healthcare film launching the new logo or face of the industry was also unveiled on the occasion. It has been produced by the India Brand Equity Foundation, a public-private partnership between the Ministry of Commerce and Industry and the CII.

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