Medical tourism value in India to touch USD 9 bn by 2020: Govt
The government has said that the value of medical tourism in India is likely to reach a whopping USD 9 billion by 2020 as compared to the USD 3 billion in 2015. Tourism Minister KJ ALphons today informed the Lok Sabha that India has emerged as a major medical tourism destination over the years.
Alphons said that according to a Ministry of Commerce report published in 2016, India is among the top six medical value travel destinations of the world which also include Thailand, Singapore, Malaysia, Taiwan and Mexico.
“It is further informed that as per the report, through adequate focus and effective execution, Indian medical value travel, pegged at 3 billion USD in 2015, can be 9 billion USD opportunity by 2020″, the minister said.
Alphons went on to say that the ministry had recognised medical and wellness promotion tourism as niche tourism product for promotion, organised wellness and medical tourism promotion shows and also produced a film on it.
You might also like
The Hospitality Industry disappointed over the GST rates for hotels & restaurants
The GST Council recently pegged 18% GST rate for hotels charging room rentals between `2500 and `5000 and 28% for those charging above `5000. The Good & Service Tax Council
Ibiza The Fern Resort & Spa opens in Kolkata
The Fern Hotels & Resorts, India’s leading environmentally sensitive hotel chain has opened one of the best and the biggest resorts in Eastern India, Ibiza The Fern Resort & Spa, Kolkata. Spread
Cathay Pacific and Air Canada to introduce codeshare services
Cathay Pacific and Air Canada to introduce codeshare services and reciprocal mileage accrual and redemption benefits in strategic co-operation Cathay Pacific and Air Canada recently announced they have finalized a strategic
