A number of countries are signing on to a plan for India to invest USD 1 billion in the Pan-African e-Network satellite project, a joint initiative with the Africa Union aimed at developing the region’s information and communication technology (ICT) infrastructure.
The Shroff Eye Hospital in Mumbai recently launched the worlds safest and fastest eye laser, using the Wavelight Concerto 500 Hz Laser system designed to occupy a novel niche market of luxury excimer laser technology.
To enhance the standards of millions of pharmacists in the country, the Pharmacy Council of India (PCI) has urged the Health Ministry to amend the Pharmacy Act to make CEP (continuing education programme) mandatory for registration and subsequent renewal under the Pharmacy Act.
Medical value travel, more popularly termed ‘Medical Tourism’, was discussed at lenght as the next big window of opportunity at a recent conference organized by the Confederation of Indian Industries (CII) in association with Indian Healthcare Federation.
Thailand-based healthcare company Mega Lifesciences recently announced its foray into the Indian market with the launch of its oral consumption skincare range and said it will invest about USD 1 million to market the product in the country.
The Indian healthcare industry will need to add 1.4 million doctors and over 3 million nurses by 2017 if the country has to meet even the healthcare standards of other BRIC countries, a report by research firm Technopak and industry body CII said.
Union Health Minister at the 4th Health Summit organised by CII, promised support to the industry, but asked industry for more CSR activities.
Private equity firm ICICI Venture has invested USD 10 million to pick a minority stake in urology hospital chain RG Stone Urological Research Institute.
Seeking to expand Indo-U.S. healthcare cooperation, the U.S.-India Business Council’s (USIBC) ‘Coalition for Healthy India’ launched its inaugural utive mission to India.
Kuala Lumpur-based Columbia Asia Group of Hospitals recently announced that its Indian subsidiary, Columbia Asia Hospitals Pvt Ltd, has entered into an agreement with DLF Home Developers Ltd (DLFH) for the development of hospitals.
Cellworks Group Inc, a California based company, has set up its R&D centre in Bangalore, India. Cellworks Research India Limited (CRIL), the R&D centre of Cellworks, would develop and provide technology based solutions that hasten drug discovery research and development.
India is trying to simplify procedures for foreign investors to invest in Indian hospitals and hotels. And it is forecasted that USD 6.5 billion flowing into the sector in the coming years.
India has introduced a medical visa aimed at assisting overseas visitors to travel to the country for low-cost hospital treatment.
