The process of globalization has thrown multifaceted opportunities to Indians, which they have grabs with open hands. Until then, India was closed economy. That precisely means every business was under the government control, directly or indirectly. Most of the heavy and flagship industries were having government monopoly and private players had limited or no access to those industries. After adopting the open economy policies, government allowed many private players to throng upon many industries. Government relaxed the rules and regulation for the foreign direct as well as institutional investments in India.
The trend and scenario has given the huge opportunity to Indian private player to use their potential to attract the investment as well as market nationally as well as internationally. Many dying businesses started flourishing again and many new industries have found their way into the Indian market. One of the latest and highly fascinated industries that have made its way out in Indian market was medical tourism. Given the huge populations, medical services in India is comparatively cheap than other nations. Its almost 40 to 50 % cheap compare to the US and the UK. Most of the medicines, machineries, technologies, which are coming to India, have marginally less government duties levied. Besides, government provides cheap land for investment and infrastructure that ultimately curved out with the intention to serve the people. Therefore opening a hospital in India is considerably hassle free affair. Importing duty free machineries and technology as well as other medical accessories is less complicated than other industry.
The cost in creating one doctor in India is way too low compare to international human investment standards. These all the reasons accumulatively enable Indian medical fraternity to serve foreign patients with economical rates. Besides, collaborating with international medical facilities become easier, this enables Indian industry to bring the expertise knowledge. This is the prime reason India, today, providing best medical treatments as well as surgical treatments with law cost. Today Indian medical tourism industry provides wide range of treatments including Orthopedics and Joints Treatment, Nephrology and Cancer Treatment. Specifically for foreign patients coming to India for a treatment is more cost effective than going for treatment in their own nation. The rise of the industry has also opened the doors for the non-residential Indians to come back to their native nation for cheap medical treatment. Presently Industry is attracting huge in-flow of foreign patients and filling Indian coffers. Suhail Medical Tourism Private Limited is India's leading firm that provides excellent medical treatment to the foreign patients.
Until globalization began, India had no stamp on international arena. India was considered backward nation with lurking poverty and illiteracy despite having the same cultural influence in domestic societies. Globalization has opened the doors for Indians as well as rest of the world for bilateral and multilateral exchanges. World has come more close to India and its traditional leverage.
These all the reasons accumulatively enable Indian medical fraternity to serve foreign patients with economical rates. Besides, collaborating with international medical facilities become easier, this enables Indian industry to bring the expertise knowledge. This is the prime reason India, today, providing best medical treatments as well as surgical treatments with law cost.
