CII

Healthcare

Potential Healthcare industry is the world's largest industry with total revenues of approx US$ 2.8 Trillion. In India as well, Healthcare has emerged as one of the largest service sectors with estimated revenue of around $ 30 billion constituting 5% of GDP and offering employment to around 4 million people. By 2025, Indian population will reach 1.4 billion with about 45% constituting urban adult (15 years+). To cater to this demographic change, the healthcare sector will have to be about $100 billion in size contributing nearly 8 to 10% of the then GDP. By then, the 10 large national healthcare networks would be able to absorb 30% of the market share. The leaders in the Indian healthcare sector will be benchmarked to international quality and efficiency standards. Opportunities According to Investment Commission of India, the sector has witnessed a phenomenal expansion in the last 4 years growing at over 12% per annum. As per a recent CII-McKinsey report, the growth of this sector can contribute to 6-7% of GDP and increase employment by at least 2.5 million by 2012. The key drivers for Indian Healthcare sector are: Medical Value Travel or Medical Tourism World class treatment and benefits at a fraction of the Cost (almost 1/10th) with no waiting time for surgeries as compared to advanced nations like UK and US where waiting period is substantially longer have been instrumental in a large number of foreign arrivals to access healthcare services in India. Medical tourism market is valued to be worth over $310 million with foreign patients coming by 100,000 every year, and the market is predicted to grow to $2 billion by 2012. Diagnostics & Pathology Services • Outsourcing of Pathology and Laboratory tests by foreign hospital chains due to the high cost differential in India. Clinical Trials • Availability of a Huge Patient Pool • Cost advantage with testing of drugs possible at 60% of the price. Health Insurance With less than 10 per cent of the population having some sort of health insurance, the potential market for health insurance is huge. McKinsey-CII estimates the number of potential insurable lives at 315 million with a potential of US$ 7,700 million in health insurance premium by 2015. Telemedicine Allows even the interiors to access quality healthcare and at the same time, significantly improves the productivity of medical personnel. Telemedicine is one such innovative technology, which if used effectively can double the utilization of scarce human medical personnel.

Key Initiatives / Information

Rx: Growth Boosters For The Economy

Opinion piece by the Director General, CII in Indian Express of 2 March, 2012. The Budget must tackle fiscal deficit on an urgent basis. CII's recommendations cover possible revenue and expenditure steps.

Budget must spur private investment

The fiscal deficit has limited the government's ability to rev up a slowing economy. Hence, the Budget should focus on encouraging private participation in key sectors, such as infrastructure, education and healthcare. This article by Mr Chandrajit Banerjee, Director General (CII) was published in The Hindu Business Line on 1 March, 2012.

Overseas Indians Are Valued Economic Partners

Overseas Indians contribute to the Indian economy in many different ways. India receives remittances worth $50 billion annually, the highest in the world, which help Indian communities. Overseas Indians also assist Indian companies in their businesses outside India and are often managing Indian operations of multinational companies. However, they can leverage India's rapid growth by making more investments in India.

Immense Potential for intra-SAARC Trade

In an article featured on the “Opinion” page in the Business Standard dated 13 November 2011, Mr Chandrajit Banerjee, Director General, CII, highlights the immense potential for intra-SAARC trade. Economic cooperation is an acknowledged tool for regional prosperity. However, intra-regional trade in the region, notes the author, which has one-fifth of the world’s population, and is home to two-fifths of the world’s poor, has stagnated at around 5 per cent of total trade, compared to over 50 per cent in East Asia and around 20 per cent in Latin America, and even lower than Sub-Saharan Africa!

Fulbright-Nehru-CII Fellowships for Leadership in Management Program

Confederation of Indian Industry (CII) and United States-India Educational Foundation (USIEF) announce the Fulbright-Nehru-CII Fellowships for Leadership in Management Program for the academic year 2012-2013. Indian business managers, whose employers would be willing to bear 50% (US$ 18,400) of the total cost (US$ 36,800), may compete to attend this specially designed management program at the Carnegie Mellon University’s Tepper School of Business in Pittsburgh from May 23 to July 31, 2012. Aimed to broaden overall perspectives and to strengthen strategic, functional and leadership skills in global business, this program combines classes with group work, industry visits, and networking. Complete announcement matter and application materials are available at USIEF website www.usief.org.in. November 15, 2011 is the application deadline.

How Industry Dealt With Reforms

Through the Hindu “Business Line” article the author, Mr Chandrajit Banerjee, Director General (CII), chronicles the development and evolution of the Indian industry in the post 1991 liberalisation era. The author dwells upon how companies had to fight for their survival in the post reforms scenario after the Indian industry was thrown open to competition from abroad after many decades of protection. He further elucidates the theme of corporate social responsibility suggesting that it is only now that industry is in a position to give back to society. Mention is also made of the Confederation of Indian Industry (CII) and its key role in supporting the reform process and improving competitiveness. The author concludes by making a case for heightened private participation in government led interventions for wider, broad based reforms.

76th CII NR Business Outlook Survey

76th CII Northern Region Business Outlook Survey is a quarterly study conducted to gauge the sentiment in the economy. Earlier, the survey was conducted bi-annually, but from the 74th Survey onwards the study is conducted on a quarterly basis in order to get a more frequent indicator of business sentiment. The current survey gives an outlook on business sentiments for the first quarter of 2011-12 as compared to the last quarter of 2010-11.

CII AP Annual Report 2011

For 2010-2011, the Focus areas for CII Andhra Pradesh were – Brand Building of Andhra Pradesh, Tier-II & Tier-III cities, Non-Migratory Jobs, Agriculture, Economic excellence,Infrastructure, Manufacturing, Healthcare and Education. Here by attached is the Annual Review of Andhra Pradesh for the year 2010-11

The Partnership Summit 2011 - Theme Paper

The travails of the global economy appear to be still not behind us, despite gradual recovery during 2010 from the worst global economic conditions since World War II. Continued fiscal and debt burdens vitiate the recovery process, imparting a degree of fragility and uncertainty to global economic conditions. The world needs a new source of growth and stability, and India, a rapidly growing economy with strong internal demand, offers a new opportunity. India remained relatively untrammeled by the developments in the Eurozone and reverted to close to 9% GDP growth rates in 2010. Growth was broad-based across all sectors, including agriculture, manufacturing and services. Public commitment to calibrated exit from expansionary fiscal policy and continued corporate and household confidence have helped sustain a virtuous growth cycle. The resurgence of the rural economy and intensified infrastructure mission further strengthened the foundations for medium-term growth propensities.

SAMVRIDDHI: A compendium of CSR Initiatives select CII AP Members

In Andhra Pradesh, CSR is emerging as an essential component in delivering the better business performance and image. Many organizations are actively engaged in supporting skills up gradation, promoting primary education and healthcare. CII, AP has come up with a publication ‘SAMVRIDDHI’ carrying several examples of CSR Journey of select major organizations and we hope that it shall inspire all of us for greater commitment towards the society.

CII News Update

‘Indo-UK Collaboration in Healthcare to Scale New Heights’

The Confederation of Indian Industry (CII) in association with UK Trade & Investment (UKTI) organized a Conference on Indo-UK Collaboration in Healthcare here today in Chennai. The Rt Hon Kenneth Clarke, British Cabinet Minister and the Prime Minister’s Trade Envoy, during his Chief Guest addres.....

PPPs the only solution to transform healthcare in North India : CII Conference

Calling upon private sector to come forward to compliment & supplement the efforts of Government to ensure quality affordability in healthcare, Dr A K Shiva Kumar, Member, National Advisory Committee, Government of India mentioned that India has such a huge population that one single agency cannot .....

Our agenda is to accelerate economic (GDP) growth to 6 – 6.5 percent this year and to take it to 8.5 – 9 percent as quickly as possible: S Gopalakrishnan, President CII

.....

World Health Day Celebration

Yi Srinagar Chapter in association with J&K Health Department, Kashmir organized a special program on the eve of World Health Day at Conference hall, J&K Health Dept Kashmir. The idea of organizing the program on World Health Day was to highlight the efforts required to put Health as a top priority.....

Planning Commission and India@75 launch India Backbone Implementation Network

The Deputy Chairman of the Planning Commission, Mr Montek Singh Ahluwalia, today launched the India Backbone Implementation Network (IBIN). The purpose of IBIN is to improve implementation of policies, programs, and projects, which the 12th Five Year Plan has located as the critical necessity for a.....

Tamil Nadu poised to emerge as a global healthcare destination

“Tamil Nadu is an internationally recognized State in the healthcare sector, as it offers high quality, cost effective healthcare services of global standards”, said Mr Mike Nithavrianakis, Deputy High Commissioner, British Deputy High Commission in his inaugural address a the 2-Day International.....

CII Haryana State Council created mass awareness programme on HIV/AIDS through its initiative Listen Learn & Live: Prevention is Cure.

An Awareness session on HIV/AIDS was carried out in the Gurgaon plant of Mark Exhaust Systems Ltd through the medium of infotainment by CII and its NGO partner Jagran & Nai Umang Society . .....

PM to Inaugurate CII’s Annual Session on 3 April 2013

The Annual General Meeting and National Conference of Confederation of Indian Industry (CII) will be held on 3rd and 4th April 2013 at New Delhi. The two-day event would have a galaxy of speakers deliberating on a range of issues that are of importance to India and Indian Industry at the presen.....

R Mukundan of Tata Chemicals elected Chairman CII Western Region and Chetan Tamboli of Steelcast Limited elected Deputy Chairman CII Western Region

.....

Creating public information infrastructure would lead to democratizing information: Sam Pitroda

.....

Consulting / Advisory Services

Healthcare Services

Healthcare Sector touches the life of everyone. Recognising this need, CII-IQ has initiated several programmes to create awareness and improve the quality of healthcare processes. It is actively involved in the development and dissemination of healthcare standards and practices

CII Awards & Recognitions

CII- Apollo Corporate Wellness Awards (Supported by Apollo Hospitals)

WHO’s 1st Global Conference on Health Promotion in Ottawa 1986, 2nd Conference in Adelaide 1988 and later 6th Conference in Bangkok 2005, mentioned the need to improve and implement workplace health Promotion programs. This resulted in the Luxemburg declaration on Workplace Health Promotion in Europe 2007, WHO’s Workers Health Global Plan of action 2008 While the WHO document deals with the entire spectrum of occupational Health (Safety,Enviroment and Health (attached ),the Luxemburg declaration deals exclusively with Workplace Health promotion (attached)

CII Contact

Amita Sarkar
[Deputy Director General]
Confederation of Indian Industry
CII Central Office
Mantosh Sondhi Centre
23 Institutional Area
Lodi Road
New Delhi-110003
Delhi
India
Phone : 91-11-24629994 - 7
Fax :91-11-24682229
Email : amita.sarkar@cii.in