immediately,” said Manaswini Swain, the Hub Director.
The Indian healthcare industry has been growing at 12 percent per annum over the last four years. It is being attributed to a rise in life expectancy, improved income levels, health insurance, life-style related diseases and improved technology.
The hub would open new vistas for the local youth in the medical care sector in the coming years with guaranteed employment, she added.
Besides, the Institute would have tie ups with major hospitals in the state for knowledge acquisition and to help arrange for bank loans.
Dr. Medha Somaiya of the institute said, “Hospitals and nursing homes are Rs.60,000 crore per annum-industry in the country. In the next ten years, the country would require 1.5 million doctors against the present strength of 7.5 lakh. Similarly, the strength of trained nurses would go up from the existing 3.7 million to 11 million. Supply of paramedics and technician will also grow four-fold.”
