AIMA organised an International Conference on the theme “Building Human Capital for the Knowledge Economy“, on 15th March 2016 in Dubai, United Arab Emirates. The conference was organized under the patronage of His Excellency Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Culture and Knowledge Development and brought together policy makers, CEOs, thought leaders, entrepreneurs and investors from both India and UAE to discuss strategies to promote cooperation between the two countries and win in the emerging knowledge economy.
Below is an excerpt from the speech of Mr Naresh Trehan, Chairman & Managing Director, Medanta – The Medicity on the theme “Health Hubs: Creating Global Healthcare Centres”.
“Thank you AIMA for this opportunity to share the escalated progress of healthcare delivery system in India, which actually caught on fire about 15 years ago and now is growing at a CAGR of 15% and it is predicted that by the year 2020 will be 250 billion dollar sector. For many years the pharmaceutical industry in India has played well on the world stage by the generics and new molecules and is now the second largest makers of generic drugs supplied to the world. In last 40 years, the credentials of Indian doctors worldwide has been established, I was there for 20 years but I would like to share with you that 17% of all super specialists in America are Indians, 30% of the NHS system is run by Indians. The credentials, skills, and knowledge of the Indian doctors were already accepted across the world. If you look at the way the healthcare sector built out itself in India – primarily before the 1980s it was the domain of the government, we had some charitable institutes and the level of delivery (except for a few well-established hospitals mainly in the government domain) was of very little quality of care.