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Tuesday, February 14, 2006

Sector Watch - Medical Tourism

Medical Tourism - Carry On Doctor

Medical Tourism is projected to be a $2.3 bn business for India by 2012. Medical Tourism is the sector of future but alas there are not many stocks, catering to this industry, listed on our bourses. Foreigners are flocking for getting knees replaced, hips resurfaced, cosmetic surgery, obesity treatment and what not at bargain prices. Read an exhaustive article published by Outlook and try to guess the turnover of Medical Tourism in future. At an Indian Medical Tourism Expo in UK last year, 25 percent of visitors were seeking medical treatment in India. Seeing all the potential, even the Foreign Healthcare groups are entering India. Parkway Holdings of Sigapore has tied up with Apollo in Kolkata and with Asian Heart Institute & Research Centre in Mumbai. International Chain Columbia Asia has a 75 bed multi speciality Hospital in Bangalore. To grab some Global Opportunities, Apollo is entering into some joint ventures to set up centres Dhaka and Colombo, it has also formed joint ventures to set up and run Hospitals and Clinics in Yemen and Saudi Arabia.

Keep a watch on Apollo Hospitals, Ranbaxy (Fortis), Wockhardt and Carol Info Services.



1 Comments:

At 11:04 PM, Blogger Prasanth said...

Hi,

I know a lot of guys working in Ramco and they tell me that the company is not in a good shape and is loosing talent very fast. Also, Ramco has been making losses for quiet some time. As for Rakesh Jhunjhunwala holding stock, well, even he can make a mistake or two !!

 

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