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September, 2016

  • ~ By Charmaine Mirza

    Where are the Chinese headed in India?

    A question worth asking even as Wang Jainlin, Wanda’s big boss, committed 60,000 crores towards infrastructure in Haryana at the beginning of 2016.

    A massive industrial park in Kharkoda, near Sonipat, in Haryana is Wanda’s latest drop (more like a downpour, we feel!) in the Indian Ocean. Is this a trailblazing move by China’s cowboy investor, or is he riding a silent wave of Chinese investment?

    Inchin Closer dives beneath the surface of the matter to take a closer look.

    • What makes India an attractive prospect for our Chinese neighbours?
    • Who exactly are these new arrivals off the Chinese junks?

    Haryana is leading the Indian pack to lure the Chinese into the Indian playground. So what’s Haryana doing to get the Chinese in? Chief Minister Khattar has made a terrific pitch highlighting:

    • The ease of doing business and regulation reforms under his regime.
    • Low rent leases
    • Friendly tax breaks
    • Haryana’s enhanced infrastructure facilities.
    • It’s strategic location with close proximity to the National Capital Region.

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  • medical-tourism-in-india-swarna-18-638The Indian medical tourism industry is about see to high levels of adrenaline as patients from China increasingly look to their Southern neighbour for cheap medical drugs, high quality treatment and professional doctors.

    According to a report by the Federation of Indian Chambers of Commerce (Ficci) and KPMG accounting firm in September 2014, India has become the world’s fastest-growing medical tourism market receiving more than 230,000 medical tourism visitors, mostly from the West. India’s medical tourism market is expected to more than double in size from US$ 3 billion at present to around US$ 8 billion by 2020, according to a CII – Grant Thornton white paper.

    Almost 80 years after Dr. Kotnis went to China in a humble mission to help injured Chinese soliders, many Indian hospitals, Inchin Closer is talking to – are looking at attracting Chinese patients – especially oncology patients. The lure is simple, while oncology treatments costs an arm and a leg in China, the costs are substantially low in India. Take for example, in Russia heart surgery costs US$ 20,000, but it only costs  US$ 6,000 in India. Prices for liver transplants in the United States are more than US$ 200,000, but only US$ 14,000 in India. Robotic knee surgery can cost up to US$ 80,000 in the Middle East and Australia, while in India for just costs US$ 10,000.

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