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Foreign Investment in Hospital Sector in India

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  • Shailender Kumar Hooda

Abstract

This study examines the status and trends of foreign investment inflow in Indian hospital sector and highlights emerging issues. During the liberalized foreign investment regime between 2000 and 2014, a large number of foreign players have been focusing on Indian hospital sector and have enlarged their presence through partnership and investment in joint venture projects. Though foreign investment inflow in hospitals has increased to almost hundred times, it constitutes a small share within total financing of health care. It is the long-term domestic borrowing that predominates. The overall growth in foreign investment has largely been for providing super-speciality and tertiary care services particularly in the metropolitan cities, while investment for primary and secondary cares, clinical research, drugs development, diagnostic services and rural area remained negligible. The study argues that the private investment can play a complementary role in providing tertiary and speciality care services particularly in the untapped hospital market and it should not be considered as the substitute of public provisioning of health care services. The role of the government is warranted to provide cost-effective cares to general population across remotest area of the country.

Suggested Citation

  • Shailender Kumar Hooda, 2017. "Foreign Investment in Hospital Sector in India," Foreign Trade Review, , vol. 52(4), pages 247-264, November.
    • Handle: RePEc:sae:fortra:v:52:y:2017:i:4:p:247-264
    DOI: 10.1177/0015732516681874
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    References listed on IDEAS

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    1. Utkarsh Shah, 2010. "Private Sector in Indian Healthcare Delivery: Consumer Perspective and Government Policies to promote private Sector," Information Management and Business Review, AMH International, vol. 1(2), pages 79-87.
    2. Smith, Richard D, 2004. "Foreign direct investment and trade in health services: A review of the literature," Social Science & Medicine, Elsevier, vol. 59(11), pages 2313-2323, December.
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