EMERGING SECTORS

SECTORS IN FOCUS
• HEALTHCARE
• TOURISM AND HOSPITALITY
• RETAIL
• MEDICINE
HEALTHCARE – GROWTH DRIVERS
 HEALTHCARE
Increasing life expectancy:
The sector’s growth will be driven by
- Maternal and infant mortality remains high, owing to
inadequate healthcare infrastructure the country’s growing middle class,
- Part of the problem is the shortage of people and physical which can afford quality healthcare.
infrastructure needed to provide better healthcare.
- Healthcare-sector players must focus on improving the
reach, quality, and affordability of healthcare

HOW?
- Build more with less – Public private partnerships
- Lower costs - Narayana Health Group
- Leveraging digital technologies

Indian vaccine manufacturers such as Serum Institute of

India, Bharat Biotech, and Biological E are renowned
worldwide for their contribution to reducing the cost of
vaccines to about US$1 per dose, making preventive
healthcare more affordable than ever

“Today, the two most important problems of healthcare in India are lack of awareness and lack of access. The affordability in
healthcare can only come if there are volumes. Doctors, nurses, infrastructure, equipment, and instruments are scarce. Hence,
affordability will only be possible if there’s 100% utilisation”

Dr. R. D. Ravindran Aravind Eye Care System

TOURISM AND HOSPITALITY
TOURISM AND HOSPITALITY
- Tourism in India accounts for 9.6 per cent
of the GDP and is the 3rd largest foreign
exchange earner for the country

- Burgeoning Indian middle class, growth in

high spending foreign tourists, and
coordinated government campaigns to
promote ‘Incredible India’.

- Tourism is now being seen as an engine

of growth for the economy and a key
employment generator because of low
capital investment in the trade, imports earn
foreign exchange

- The tourism industry is also looking

forward to the expansion of E-visa scheme
which is expected to double the tourist
inflow to India.

- A five-year tax holiday has been offered

for 2, 3 and 4 star category hotels located
around UNESCO World Heritage sites
(except Delhi and).
RETAIL
The vast middle class and its almost
- The Indian Retail Industry is the largest among untapped retail industry are the key
all the industries, accounting for over 10 per cent attractive forces for global retail giants
of the country’s GDP
wanting to enter into newer markets
- Shopping revolution in India

- Modern retailing has entered into the Retail

market in India as is observed in the form of
bustling shopping centers, multi-storied malls
and the huge complexes that offer shopping,
entertainment and food all under one roof

Key factors of growth:

- working population with median age of 24

years,
- nuclear families in urban areas,
- increasing working women population
- emerging opportunities in the services sector