India is on the threshold of becoming an economic power driven by its advantageous young demographic profile and developing service economy.
These factors have the potential to propel the country even further on the trail of high GDP growth, necessitating that this young workforce remains healthy and continues to be extremely productive. Hence, the need to invest more into healthcare of its people has never been more imperative. Since India’s independence, healthcare has seen a positive evolution. The government has been a pillar of the developing healthcare ecosystem story. Despite progress across many parameters, the existing state of Indian healthcare leaves much to be desired. In the last two decades, the private sector has been the major contributor to healthcare infrastructure development in the country with public sector’s contribution being limited.
© 2018 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.