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Ppt on key growth drivers of indian medical education for fdi
1. 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 Management
Osmania University - Hyderabad
Under the Guidance of
Dr. SMITHA SAMBRANI
Presentation by
HARINADH KARIMIKONDA
2. • 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
3. Objectives :
Objective – 2
To study the Make in India incentives for promoting foreign
direct investment in Indian medical education sector
Objective - 1
To study key growth drivers of Indian medical education sector
for foreign direct investment.
4. 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
5. Research Framework of the Study:
Performance of
Key Growth
Drivers
Make in India
Support/
Incentives
Viability of
Indian
Medical
Education for
FDI
6. Results and DiscussionPerformance 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
India is the second most populous
country in the world, with 1,336,286,256
(1.3 billion) people (May 2016), nearly a
fifth of the world's population. India is
projected to be the world's most
populous country by 2022.
7. Results and DiscussionPerformance 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
over 56,000 Indian doctors in UK,
the US, Canada, and Australia. 8%
and 3% respectively
8. Results and DiscussionPerformance 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
Current predictions suggest a steady
increase in the youth population to
464 million by 2021 and finally a
decline to 458 million by 2026.
By 2020, India is set to become the
world’s youngest country with 64 per
cent of its population in the working
age group
9. Results and DiscussionPerformance 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
It is estimated that more than 5,000
students leave India for medical education
elsewhere, with China being the most
popular destination followed by Russia,
Ukraine, Nepal and Kazakhstan.
The total number of candidates for the
FMGE trained in China from 2010 through
2014 is 18,297and the number is
increasing.
10. Results and DiscussionPerformance 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
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
11. Results and DiscussionPerformance 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
As of 2016, there are 426 medical
colleges in India where qualifications
are recognized by the Medical Council
of India; these medical schools have a
combined capacity to provide medical
education for 54,145 students and the
government recognizes the crucial role
of the private sector in this regard.
12. Results and DiscussionPerformance 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
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.
13. Results and DiscussionPerformance 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
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.
14. Results and DiscussionPerformance 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
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.
15. Results and DiscussionPerformance 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
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
16. 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
17. 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”