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Inside Mediminds
ADVANTAGE INDIA - The Key Growth Drivers
  • 300 million strong upper middle and middle class population
  • Low cost facilities with very high quality of healthcare services
  • Substantial reduction in import tariffs
  • Easy availability of technical/skilled/qualified and skilled manpower
  • Improving life expectancy
  • Strong information technology backbone and skill base
  • Rise of income in the last 14 years
  • Changing lifestyle patterns are creating market for preventive and curative care opportunities
  • English language - key business language and spoken, written, understood extensively
  • Liberalized government business policies
  • Private & Foreign Investment in life and health insurance
  • Heterogeneous population
  • Well-established legal system
  • Dynamic stock markets
  • Increase in private and government spending in the healthcare sector
  • Low entry barriers for Well qualified/Experienced Scientific Manpower available at lower costs Commonwealth based legal system.
  • Investor friendly laws
  • Excellent pool of doctors/specialists
  • Well preserved genetically distinct population groups
  • Wide Spectrum of Disease Profile/Patient Profile
  • English is the key business language widely used across the country
  • Excellent application of IT skills & knowledge of IT amongst target segment
  • Presence of large number of international and domestic healthcare/pharmaceutical companies
  • Well established Western Medicine practice
  • Networks of academic & medical centers/hospitals/laboratories with international accreditations
  • Doing business in India is easier than many Asian countries
  • Lower cost of business in operations
  • Familiarity with international quality
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