Advantage India
Strong
Demand
* The Indian healthcare market, which was valued at US$ 110 billion in FY16 is now projected to reach US$ 638 billion by FY25.
* The healthcare sector, as of FY24, is one of India’s largest employers, employing a total of 7.5 million people.
* The demand for Indian healthcare professionals is expected to double nationally and globally by FY30 due to a shortage of healthcare workers in India, where there are only 1.7 nurses per 1,000 people and a doctor-to-patient ratio of 1:1,500 nationwide.
Attractive
Opportunities
* India’s public expenditure on healthcare is expected to be 1.9 % of GDP in FY26, compared to 2.5% in FY25, as per the Economic Survey 2024-25.
* The Indian healthcare sector is witnessing unprecedented growth, with private equity and venture capital investments surpassing US$ 1 billion in the first five months of FY24, marking a 220% increase from the previous year.
Rising
Manpower
* Availability of a large pool of well-trained medical professionals in the country.
* India's healthcare workforce has already exceeded 6 million as of CY24. However, this represents only the beginning, as the sector is anticipated to experience substantial growth, with over 6.3 million additional jobs expected by CY30.
Policy and
government support
* The government has allocated Rs. 99,858 crore (US$ 11.50 billion) to the healthcare sector in the Union Budget 2025-26 for the development, maintenance, and enhancement of the country's healthcare system. This reflects a 9.78% increase from the previous allocation of Rs. 90,958 crore (US$ 10.47 billion) in FY25.
* 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.
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