Search Result for : Medical Industry

India to invest $10 billion in Bangladesh

The Dollar Business Bureau India is ready to make an investment of $10 billion in Bangladesh for the development of its sectors such as infrastructure, power and energy, logistics, education, medical, rail, road and waterways and medicine, said Bangladesh Prime Minister Sheikh Hasina after returning from a four-day tour visit to India.   The PM also informed that Indian government will be extending a loan of $5 billion, out of which $500 million will be used for consolidating the Bangladesh military. The monetary assistance will be specifically used for training the military personnel to ensure peace in border areas, and joint patrols and drills in international sea areas. The amount will also be invested in purchasing military equipment. "The offers of investment and ...

World Bank credits $100 million to up healthcare in Uttarakhand

The Dollar Business Bureau  The state of Uttarakhand was separated from its former territory of Uttar Pradesh in 2000 with the objective of exclusively providing development aid to more than 16,000 sparsely inhabited villages in its mountainous areas. But in the sixteen years following this separation, little has been done to improve healthcare and other basic facilities.  These sub-par public services have once again taken the spotlight, as elections to the state were recently held.  World Bank has stepped up to loan an amount of $100 million to up the healthcare services in the thirteen districts of Uttarakhand. A credit agreement of the said amount was signed between the international lending institution, the Centre and the state of Uttarakhand.  Medical aid in the hilly regions of the northern state is ...

Global medical travel industry to cross US$ 32 billion by 2019

 The Dollar Business Bureau India is fast emerging as a preferred healthcare destination, while the value of global medical travel industry is expected to reach US$ 32.5 billion in the next four years, say experts. According to a study conducted by FICCI (Federation of Indian Chambers of Commerce and Industry) and KPMG, the global medical travel industry was estimated at US$ 10.5 billion in 2012. And, it is expected to grow at a compounded annual growth rate of 17.9% from 2013 to reach US$ 32.5 billion in 2019. India is fast emerging as a preferred healthcare and medical destination across the globe. Growing at the rate of 27% annually, the inflow of medical tourists in India is likely to ...