Question

Health care in India faces several challenges including inadequate access, low insurance penetration and a growing chronic disease burden. At the same time, traditional business models have found it hard to show attractive returns on investment, except for a few large providers. Technology infusion — along with expanded infrastructure and efficiencies from process improvements — could help improve health care accessibility and affordability, according to experts who spoke about emerging trends in that industry at the 2020 Wharton India Economic Forum, held this month in Mumbai. The Indian government’s ‘Make in India’ initiative is encouraging domestic manufacture of medical devices and helping lower the prices patients pay for products such as stents and implants, which in the past were imported. Health care has the potential to lead to economic growth and toprovide employment, but it also is a crucial sector in terms of protecting the health and the wealth of the nation. India’s health care industry is becoming more and more attractive for investors, with technology-led innovations helping penetrate second- and third-tier markets. using this passage make a note and summary.​

Answer 1

Answer:

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