ppt on key growth drivers of indian medical education for fdi

Research Paper Presentation

A Study on Key Growth Drivers of Indian Medical Education for FDI with special reference to ‘Make in India’ Program

In the Two-day National Seminar(18.11.2016 & 19.11.2016)

Department of Business ManagementOsmania University - Hyderabad

Under the Guidance of Dr. SMITHA SAMBRANI

Presentation byHARINADH KARIMIKONDA

• India is emerging, after initiation of the Make in India program as the top global destination for foreign direct investment.

• Foreign Direct Investment has always been a matter of concern for India, when it comes to medical education sector 100% FDI is allowed by the government.

• Foreign Direct Investments (FDI) inflow into the education sector in India stood at US$ 1,256 million from April 2000 to March 2016, according to data released by Department of Industrial Policy and Promotion (DIPP).

• In order to cater the healthcare needs of a population of 1.2 billion, India would need an additional 7 lakh doctors by 2022.

• In this paper an attempt has been made to conduct opportunity analysis for highlighting the key growth drives, the Make in India incentives for Indian medical education sector for foreign direct investment.

Introduction

Objectives :

Objective – 2To study the Make in India incentives for promoting foreign

direct investment in Indian medical education sector

Objective - 1To study key growth drivers of Indian medical education sector

for foreign direct investment.

Hypothesis :

Alternative Hypothesis (H1) There is a significance growth for Indian medical

education sector to attract foreign direct investment

Null Hypothesis (H0)

There is no significance growth for Indian medical education sector to attract foreign direct investment

Research Framework of the Study:

Performance

of Key Growth Drivers

Make in India Sup

port/Incentives

Viability of Indian

Medical Education

for FDI

Results and Discussion Performance of Key

Growth Drivers:Growth of Population

Expatriation Rate of Doctors

Size of Young Population

Number of Aspirants

Availability of Doctors

Number of Medical Colleges

Distribution of Medical Colleges

Alternative Healthcare Services

Cost Medical Services

Growth of Medical Tourism

Performance of Key Growth Drivers:

Growth of Population



Number of Aspirants










Number of Aspirants







over 56,000 Indian doctors in UK, the US, Canada, and Australia. 8% and 3% respectively





Number of Aspirants











Number of Aspirants





Number of Aspirants







The current doctor: patient ratio of 1:1681 is below World Health Organization recommended figure of 1:1000.

Thus India needs about 7 lakh doctors by 2022 in order to meet WHO standards





Number of Aspirants











Number of Aspirants






Number of Aspirants







The geographic distribution of these colleges shows a noticeable southward slant with 44% of all medical seats distributed between the states of Karnataka, Andhra, Telangana, Tamil Nadu and Kerala.

Undivided Andhra Pradesh had the most number of seats in the country but after division, Karnataka holds that title. Maharashtra has the most colleges but has a lesser number of seats when taken cumulatively.





Number of Aspirants







Only 5 to 7% usage of AYUSH (Ayurveda, Yoga, Unnani, Siddha & Homeopathy) has been reported both in rural and urban areas

The NSSO survey has found higher inclination towards allopathy treatment-- around 90%--in both rural and urban areas.





Number of Aspirants







According to the statistics released by AMA, India has no parallels in healthcare when it comes to cost effective treatments in comparison with other countries. Significant cost differences exist among US, UK and South Asian countries.





Number of Aspirants







Medical tourism in the country is projected to grow to $7-8 billion by 2020 from the current US$3 billion.

India has moved up 13 positions to 52nd rank from 65th in Tourism & Travel competitive index

Make in India Support/Incentives:

Allowed 100% FDI

Allowed 100% Private Investments

Single Window Clearance System

Common Entrance/Screening Exams

Online Application & Approved System

Considered Commercial Venture

Public Private Partnership (PPP)

Up-gradation of District Hospital

Tax holiday for Longer period

Loans on Concessional basis

Conclusion :

Dr. Smitha Sambrani & Hariandh Karimikonda (2016) : “The study

revealed that Indian medical education sector will have tremendous

growth in coming years and provide lot of investment opportunities. All

the key economic growth drivers relating to medical education is

performing positively. Make in India is providing at most support for

establishment and development of medical education sector. Therefore,

it is a better opportunity for both Indians and foreigners for investment”

Any Queries & Suggestions

Thank You