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Suneeta Reddy calls healthcare and medical tourism India’s next engines of services-led growth at AIMA’s 52nd National Management Convention

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Ms. Suneeta Reddy, President, AIMA and Managing Director, Apollo Hospitals Enterprise Ltd, today set out a clear blueprint for services-led growth with healthcare at its core at the 52nd National Management Convention of the All India Management Association (AIMA). She also pushed for a sharper national push for medical value travel to drive jobs, foreign exchange and inclusive development.Ms. Suneeta Reddy was speaking at the high-powered panel moderated by Sunil Kant Munjal, Past President, AIMA and Chairman, Hero Enterprise on “Global Trends and Future Strategies: Resilience and Adaptability” alongside Vishal Kampani, Vice President, AIMA and Vice Chairman & Managing Director, JM Financial Ltd and Sanjay Kirloskar, Past President, AIMA and Chairman & Managing Director, Kirloskar Brothers Ltd. Ms. Reddy emphasized that India’s services sector is ready to take centerstage. She noted that services have been expanding at 11–15% annually and already power India’s exports. “With a demographic dividend unlike any other, this is the time to invest in skilling and job creation in services, especially healthcare. India can be a global exporter of knowledge, people and services,” she said. Pointing to the external account, she added, “Our $90 billion trade deficit with the US can be offset by exporting services. Medical Value Travel alone is a $100 billion global opportunity by 2030; India should target a $20 billion share.”

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