Anchor India 2014 Anchor India 2014 | Page 30

facilities, and above all, the cost-effectiveness of the packages. Foreigners are less likely to face a language barrier in India. As Indian hospitals are on par with the best hospitals in Thailand, Singapore etc, the country may become a preferred medical destination in the near future. India has much more medical expertise than countries like Thailand and Malaysia. The infrastructure in many of India’s hospitals is also excellent. But 028 m e d i c a l t o u r i s m ANCHOR INDIA the most significant factor is that the costs are much less, almost one-third of those in other Asian countries. According to a study by McKinsey and the Confederation of Indian Industry, medical tourism in India could become a $1 billion and more in the current decade. The Indian government predicts that India’s $17-billiona-year health-care industry could grow 13 per cent in each of the next six years, boosted by medical tourism, which industry