* The Indian healthcare market, which was valued at US$ 110 billion in 2016 is now projected to reach US$ 638 billion by 2025.
* The healthcare sector, as of 2024, is one of India’s largest employers, employing a total of 7.5 million people.
* A recent research report predicts that the integration of Artificial Intelligence (AI) within the Indian healthcare sector will create nearly 3 million new jobs by 2028.
* India’s public expenditure on healthcare touched 2.1 % of GDP in FY23 and 2.2% in FY22, against 1.6% in FY21, as per the Economic Survey 2022-23.
* Two vaccines (Bharat Biotech's Covaxin and Oxford-AstraZeneca’s Covishield manufactured by SII) were instrumental in medically safeguarding the Indian population against COVID-19.
* Availability of a large pool of well-trained medical professionals in the country.
* The number of allopathic doctors with recognised medical qualifications (under the I.M.C Act) registered with state medical councils/national medical council increased to 1.3 million in November 2021, from 0.83 million in 2010.
* In the Interim Union Budget 2024-25, the government allocated Rs. 90,659 crore (US$ 10.93 billion) to the Ministry of Health and Family Welfare (MoHFW).
* The Indian government is planning to introduce a credit incentive programme worth Rs. 50,000 crore (US$ 6.8 billion) to boost the country’s healthcare infrastructure.
With over 2.5 million operations performed and 20 million patients treated in the last 30 years,Aravind Eye Care System is the largest eye care provider in the world.
Union Minister of External Affairs, Dr. S. Jaishankar and Union Commerce an...
India, the country where millions of travellers come to seek spiritual fulfilment as part of their tourism journey, makes it an integral part of India...
Mutual funds play an indispensable role in capital markets, serving as a gateway for individuals and institutions to access a diverse range of securit...
The logistics industry plays a vital role in the dynamic economic landscape of India by enabling the efficient movement of goods and services througho...
In the era of Amrit-Kaal, India is positioning itself to play a crucial rol...
India has recently announced that it is targeting net zero emissions by 207...
The banking industry affects us in ways that we might not be aware of. By s...