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Opportunity in India - June 2007
India is an obvious "potential" market for any UK company considering exports. But it is important that it is seen as a very sophisticated market. It has a middle class of 300 million people who want access to all the products common to the UK High Street. They may not yet have the purchasing power to buy at UK prices, but they do have the capability to enter into partnerships to produce locally at local prices.
This report highlights on the opportunities and expressed need in Indian Economy for all these trade clusters:
Medical Technologies (biotech & pharmaceuticals; healthcare)
Transport Technologies (aviation, automotive, infrastructure)
Business Professional Services (education & training, insurance, tariffs)
Tourism and Leisure (heritage & restoration, travel and tourism)
Food and Drink
Information Communication Technologies (telecom)
Screen, Image and Sound (media)
The above highlights serve to illustrate the fact that India is ready to do business in almost every sector. It is a market, which is set to continuing growing for at least another 30 years as a result of its own demography.
Source: UK Trade and Investment
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Healthcare Sector - December 2006
Kolkata is emerging as a private healthcare destination. Many hospitals are expanding to meet demand from patients in Eastern India and neighbouring countries - Bangladesh, Nepal, Myanmar and Bhutan. The total investment by the private sector in hospital/healthcare infrastructure in Kolkata has been over £115 million in the last four to five years.
Currently, there are 12 private hospitals, under the banner of Association of Hospitals in Eastern India (AHEI). Between them, they offer general care and the following specializations: neurology, oncology, child & mother, cardiac, lifestyle diseases, and emergency & trauma care. UKTI has good relations with these hospitals, who all met the visiting Healthcare Export Promoter, David Hawkins, in November 2006.
Source: UK Trade and Investment (UKTI)
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Healthcare and Medical Sector Review - November 2006
The Indian healthcare & medical equipment sector holds good business opportunities for UK healthcare companies. According to The Economic Times Healthcare 2001-02 Report, India's healthcare industry grew at 13% per annum over the last decade and is currently growing at 17% annually. The report expects healthcare delivery will reach a size of Rs 1862 billion (£ 26.6 billion) by 2005-06.
The growth is being propelled by an increasingly affluent and more consumer-orientated middle class population of 100 million who are seeking and willing to pay for a higher standard of healthcare. The private sector is playing an increasingly important role in the provision of healthcare services. According to a theme paper on healthcare produced by the Confederation of Indian Industry (CII) the private sector attends to over 75% of medical complaints and accounts for 88% of total health expenditure.
Source: UK Trade and Investment
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Biotechnology: Market Overview - December 2005
The Indian biotech industry reached a major milestone by crossing the US$ 1 billion dollar mark in 2004-05. The industry grew by an impressive 36.5 er cent over the previous year.
Biotech exports from India stood at US$ 455 million (million), contributing over 42 per cent of the industry revenues.
Source: India Brand Equity Foundation (IBEF)
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Healthcare: Market Overview - December 2005
Healthcare has emerged as one of the largest service sectors in India. In 2004, national healthcare spending equalled about 5.2 per cent of nominal GDP, or about US$ 34.9 billion. Healthcare spending in India is expected to rise by 12 per cent per annum through 2005-09 (in rupee terms) and scale up to about 5.5 per cent of GDP, or US$ 60.9 billion, by 2009. Other estimates suggest that by 2012, healthcare spending could contribute 8 per cent of GDP and employ around 9 million (million) people.
Source: India Brand Equity Foundation (IBEF)
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Healthcare, Apollo Group : India's first global healthcare major - February 2005
November 9, 1979 is a date that Dr. Prathap C Reddy has not forgotten and perhaps never will. That day, he got an urgent call to attend on a man barely in his thirties, who'd suffered a heart attack. But he could not be saved. He left behind a young wife and two toddlers.
Dr. Reddy was devastated. At that time, it was generally believed that only elders would fall prey to CAD (Coronary Artery Disease). How could a person who was in the prime of his youth die of CAD?
Source: India Brand Equity Foundation (IBEF)
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Healthcare, Medical Tourism : Providing Value for Money - February 2005
In 2002, the National Health Services (NHS) in the UK started a pilot scheme for 'overseas treatment' to see if surgery services abroad could be bought to shorten the waiting lists. The project focused mainly on facilities available in the European Union, in countries like Spain and Netherlands. There was only one problem: there was a waiting list - albeit shorter-in these countries too.
Source: India Brand Equity Foundation (IBEF)
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Speciality Chemicals : The India Advantage - January 2005
When Bayer's anti-oxidant unit at Elprat in Spain was shut down some years ago, the German chemical giant had to shift its production to India. Today, Bayer's global requirement for an entire range of anti-oxidants, which are used in tyres and industrial rubber goods, is sourced from Thane in Maharashtra, India. In September 2004, Bayer made public its plans to source specialty chemicals from India instead of US and some European countries.
Source: India Brand Equity Foundation (IBEF)
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INDIAN MNCs: Dabur Fine-Tunes Global Dreams - June 2004
When the going gets tough, the tough go global. As India's consumer markets in urban areas approach maturity, consumer goods companies are taking stock; there are two options, to go rural-which Hindustan Lever has done, and the other, go global-which India's oldest fast moving consumer goods company, Dabur India Limited, has been doing in meticulous fashion over the past few years.
Source: India Brand Equity Foundation (IBEF)
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Healthcare: Heart Care in India Becomes Serious - May 2004
The economic boom might have turned India into a country of thriving careers and unlimited business opportunities, but a worrying picture is also beginning to emerge in India's booming metropolitan cities. A frenetic pace of work, rising levels of stress, increase in saturated fats salts and calories in diets, and decreased physical activity is causing urban Indians a heartache, literally.
Source: India Brand Equity Foundation (IBEF)
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Biotechnology, Kiran Mazumdar Shaw: Biotech Queen from Bangalore - April 2004
In 1979 when Kiran Mazumdar Shaw, the founder of Biocon India, went to a bank with a loan application for her then biotechnology fledgling company, she was turned down. All Ms Shaw had was Rs 10,000 and a garage in Bangalore as an office.
Source: India Brand Equity Foundation (IBEF)
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Healthcare: Remote Barefoot Doctors - April 2004
A developing country's social sector numbers have always been impeded by its government's inability to provide healthcare in remote villages. China once tried to solve this problem by forcing its urban doctors to migrate to villages and work there, giving rise to the phenomenon of barefoot doctors. In a democracy like India, this hasn't been possible, so novel alternative solutions are essential.
Source: India Brand Equity Foundation (IBEF)
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Health Insurance: India's Health Kick - April 2004
Indians have been seeking wealth of a different kind: Health, or to be more precise, health insurance. Introduced in the mid eighties, health insurance in India is currently in a boom phase.
In 2002, health insurance premia in India grew at 40 per cent. In 2003, there was a 59 per cent increase in premiums, according to data collated by India's insurance regulator.
Source: India Brand Equity Foundation (IBEF)
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Healthcare: India Is Far Cheaper than Thailand - March 2004
It is the next big success story out of India. Five years ago, less than 10,000 patients visited India for medical treatment. Today, the medical tourism market in India is worth US$ 333 million with about 100,000 foreign patients coming in every year. Apollo Group Chairman Pratap Reddy estimates that one out of every ten patients treated at his hospitals is from overseas and with an annual growth rate of 30 per cent, India is already inching closer to Singapore, an established medicare hub that attracts 150,000 medical tourists a year.
Source: India Brand Equity Foundation (IBEF)
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Biotechnology: Opportunity India - June 2003
Today, India is one of the most exciting emerging markets in the world. Skilled managerial and technical manpower that match the best available in the world and a middle class whose size exceeds the population of the USA or the European Union, provide India with a distinct cutting edge in global competition.
Source: Confederation of Indian Industry (CII)
FOR THE FULL REPORT PLEASE CLICK HERE
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