why india?

India - The global healthcare destination - FICCI leads the way
The apex industry association - Federation of Indian Chambers of Commerce & Industry (FICCI) has done yeoman's service to the healthcare sector, creating a number of platforms for various stakeholders to come together. The Indian Wellness Industry is a US$ 9.8 billion market says a recent Stanford Research Institute study. It will grow at a rate (CAGR) of approximately 30-35 % during the next five years, says the latest FICCI - Ernst & Young study. India is one of the key Medical Value Travel (MTV) destinations in Asia with over 5,00,000 foreign patients seeking treatment. MVT can be a 9 billion USD $ opportunity by 2020 through adequate focus and effective execution. According to a FICCI – IMS report, India needs to focus on dual objectives of “tourism friendliness” and “patient centricity”. The inflow of medical tourists is growing at a compounded annual growth rate (CAGR) of 27% and is likely to cross 4 million soon.