Facebook Pixel A strong push from the centre to promote India's emerging medical and wellness tourism Sector | BUSINESS ECONOMICS – business – Lesen Sie diese Geschichte auf Magzter.com

Versuchen GOLD - Frei

A strong push from the centre to promote India's emerging medical and wellness tourism Sector

BUSINESS ECONOMICS

|

February 01 - 28, 2026

India's medical tourism sector is projected to grow at a CAGR of 21.1% between 2020 and 2027.

- Ankit Singh

A strong push from the centre to promote India's emerging medical and wellness tourism Sector

According to the Economic Survey 2025-26, medical and wellness tourism is emerging as a major growth driver, supported by India's cost advantage, skilled healthcare professionals, and robust infrastructure. Medical tourist arrivals increased from around 1.12 lakh in 2009 to over 6 lakh during 2022-24, significantly outpacing overall inbound tourism growth. The segment now accounts for nearly 6.5% of foreign tourist arrivals, with the market valued at an estimated US$ 8.7 billion in 2025 and projected to reach US$ 16.2 billion by 2030.

Union Finance Minister Nirmala Sitharaman recently announced a major initiative to position India as a global hub for medical tourism through the establishment of five Regional Medical Hubs across the country. Presenting the Union Budget, she said the Centre would support states in developing these hubs in partnership with the private sector. Envisioned as integrated healthcare complexes, the hubs will combine medical services, education, and research under one umbrella.

The proposed hubs will include AYUSH centres, Medical Value Tourism Facilitation Centres, and supporting infrastructure for diagnostics, post-treatment care, and rehabilitation. Sitharaman noted that the initiative would generate significant employment opportunities for doctors and allied health professionals. She also announced the establishment of a new national-level mental health institute and the expansion of emergency care services nationwide.

WEITERE GESCHICHTEN VON BUSINESS ECONOMICS

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Linc Limited honoured as one of the "Most Trusted Brands of India (2026-2027)" by Marksmen Daily (6th Edition)

Linc Limited is proud to announce its recognition as one of the \"Most Trusted Brands of India (2026-2027)\" by Marksmen Daily in its 6th Edition.

time to read

1 min

May 1 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

India opts green energy for sustainable growth

India is the world's third-largest producer and consumer of electricity, following China and the United States, with a total installed capacity exceeding 530 GW as of March 2026.

time to read

8 mins

May 1 - 31, 2026

BUSINESS ECONOMICS

Banking Prudence

A familiar tension is visible in the Indian banking sector as the Reserve Bank of India pushes lenders towards a more rigorous, forward-looking assessment of loan risks.

time to read

2 mins

May 1 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Bank of Maharashtra opens its 71st Branch in West Bengal and 74th Branch in Kolkata Zone, Bandel

Bank of Maharashtra (BOM) inaugurated its 71st Branch in West Bengal and 74th in the Kolkata zone.

time to read

1 min

May 1 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Stop treating education as a sectoral input or a numbers game

He is a writer and education thinker focused on India's education landscape.

time to read

6 mins

May 1 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Journey of Sandip Nowlakha: Building a Legacy in the Food & Beverages Business

Sandip Nowlakha has established one of the most respected portfolios in vegetarian food and hospitality across Eastern India.

time to read

1 min

May 1 - 31, 2026

BUSINESS ECONOMICS

Waaree Renewable Technologies Ltd

Waaree Renewable Technologies is an Indian renewable energy company engaged primarily in the engineering, procurement, and construction (EPC) of solar power projects was incorporated in 1999 earlier known as Sangam Renewables Limited and was rebranded as Waaree Renewable Technologies Ltd in the year 2021.

time to read

3 mins

May 1 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Novotel Kolkata Hotel & Residences appoints CA Tushar Joshi as Finance Controller

Novotel Kolkata Hotel & Residences is delighted to announce the appointment of CA Tushar Joshi as Finance Controller.

time to read

1 min

May 1 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Role of Remittances once again to the fore

The IMF-World Bank Annual Spring Meetings which were held in Washington, D.C. on (13-18 April 2026), were overshadowed by the escalating conflict in West Asia, with global leaders warning of \"substantial\" economic shocks.

time to read

5 mins

May 1 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

The West Asia crisis is a wake-up call for India to reduce petroleum intensity

India remains heavily dependent on petroleum imports, with domestic production meeting only a small fraction of total consumption.

time to read

3 mins

May 1 - 31, 2026

Listen

Translate

Share

-
+

Change font size