HFDI Policy 100 percent is permitted for all health related services under the automatic route
Investment Opportunities
Health Insurance
Medical Tourism
Hospital Management
Curative and Preventive Services
Infrastructure Facilities like Hospitals and Diagnostic Centre
Training Manpower (doctors, nurses, technicians)
Medical Tourism
Medical Tourism in India is a budding concept whereby people from all over the world can visit the country for their medicinal and relaxation requirements. The reason for India being a favorable destination is because of its excellent health infrastructure and technology. Most common treatments are heart surgery, organ transplants, eye surgery, knee transplant, cosmetic surgery and dental care.
India is also catching up as a popular medical tourism destination for its low-cost but world-class medical treatment. For example, according to a news in Financial times (in April) Madras Medical Mission, a Chennai- based hospital, successfully conducted a complex heart operation on an 87-year-old American patient at a reported cost of $8,000 (€7,000, £4,850) including the cost of his airfare and a month's stay in hospital. The patient claimed that a less complex operation in America had earlier cost him $40,000.
The Indian healthcare market according to industry sources is reporting to be growing at over 30% annually. A recent McKinsey study on healthcare says medical tourism alone can contribute Rs. 5,000 - Rs. 10,000 crore (Rs. 50-100 billion) additional revenue for up market tertiary hospitals by 2012, and will account for 3-5% of the total healthcare delivery market.
The Ministry of Tourism has taken several initiatives, in partnership with the private sector, to promote India as a destination for medical tourism to foreign tourists and make it a global health destination. The Ministry is also considering setting up of a National Accreditation Board for Hospitals.
Measures for rationalizing the flow of tourist traffic have already been taken. Government has decided that there should be a fast track clearance for the medical patients at the airport.