“Why Make in India comes in the healthcare discussion for a simple reason that it is a policy of the government to improve healthcare, requiring more medicines at affordable costs being made in India. Healthcare is a focus area in Make in India. The path of medical equipment is only 0.3 per cent and I don’t think it an obstacle, rather it’s an opportunities for investors to invest. The wellness market is going to be around one trillion Indian rupees having the innovation of latest diagnostics as essential part. GE, which is one of the largest engineering conglomerates in the world, had set up a base in India and started exporting equipment to all emerging markets at a very low cost. They have 10-15 per cent of the global market in the next five year.”
