Published on : Saturday, August 12, 2017
On this Friday, the FICCI or Federation of Indian Chambers of Commerce & Industry introduced the Advantage Healthcare India 2017 global summit in partnership with the Department of Commerce, Ministry of Commerce and Industry, the Government of India, and Service Export Promotion Council (SEPC). This summit was launched to endorse healthcare services exports from India.
In terms of medical tourism, this global summit is the third international summit that will take place in Bengaluru from October 12 to 14, 2017.
Secretary to the Department of Commerce and Ministry, Rita Teaotia, said while talking about the event, “I am happy to see that many AYUSH companies and institutions are also participating in the summit and I wish that even the finest hospitals of India should provide Ayurvedic treatment.”
As per the FICCI-IMS report, over 500,000 foreign patients, every year come for medical treatment in India, making it one of the major medical tourism destinations in Asia.
It has also been observed that majority of patients for knee transplant, heart surgery, cosmetic surgery and dental care prefer India as the treatment cost is quite low in comparison to Thailand, Indonesia, Singapore and Hong Kong.
Secretary General, FICCI, Dr. A Didar Singh, said on the occasion,”Medical value travel can be a USD 9 billion opportunity for India by 2020. And to fully exploit this potential, the country needs to diversify its sources of medical tourism and create a strong value proposition for foreign patients by focusing on perimeters like cost effectiveness, alternate medicine, clinical outcomes, tourism friendliness, accreditation, and patient centricity.”