The healthcare sector in India is attracting investments like never before.
Partly influenced by rising opportunities in medical tourism and partly enthused by the growing domestic demand for high-end medicare services, hopes are flying high, and the sector is set for an overhaul, which was due for a long while.
In ’07-’08 alone, nearly US$ 400 million was pumped into this sector by a bunch of private equity firms. On top of it, there are corporate and industrial investors bringing big value capital to revamp this hitherto laggard sector of the economy.
Going by industry forecasts, the healthcare sector will receive private investments to the tune of US$ 5 billion over the next 4-5 years. Although a bulk of this investment is expected to flow into metro centres, some portion might find its way to non-metro towns and cities