11th edition of FICCI HEAL gets under way

Secretary, Ministry of Health & Family Welfare, underlines need for investing two-thirds of spending in primary healthcare and enhancing preventive care

FICCI-IMRB Knowledge Paper launched

NEW DELHI, August 17, 2017. Mr. C K Mishra, Secretary, Ministry of Health & Family Welfare, Government of India, today underlined the need for investing two-thirds of the spending in primary healthcare and enhancing preventive care to keep the requirement of diagnostic care and admission to hospitals in check. As financial resources are limited, it is essential to invest in the right place for optimal results, he said while inaugurating the 11th edition of FICCI HEAL on the theme ‘Indian Healthcare: A Patient’s View’.

Mr. Mishrasaid thatinfrastructure in remote areas was weak and only government establishments were functional in such places; therefore active private sector participation was needed to make quality and affordable healthcare accessible to all.

He said that the new National Health Policy 2017 with the three pillars of accessibility, affordability and quality of care are in line with a patient’s needs. He added that there was a need to customize care and value the choices of a patient.

Recognising FICCI’s efforts in the health care space, Mr. Mishra said that the industry had been forthcoming with policy and reform suggestions, which enabled the government to strengthen its policies. He urged FICCI to develop a framework in conjunction with the government to step the country’s healthcare delivery system.

On the occasion, Mr. Mishra released a Knowledge Paper ‘The healthcare consumer: Understanding expectations & experiences in the patients journey’ prepared by FICCI in collaboration with KANTAR-IMRB. The report is based on interviews with over 5000 patients pan-India from both public and private hospitals. Some key findings show that 61% of the patients rated their overall experience in private hospitals positively as compared to 45% for government hospitals. The report delves on the experiences and expectations of the patient and provides recommendations for the government and healthcare providers.

Mr.Pankaj Patel, President, FICCI, said thatthe government’s intent to increase the public health spend to 2.5%, efforts should be made to increase it to 4% of GDP to meet the universal healthcare goals of the country. He added that long-term financing options from banks are still not available to healthcare providers and this was hampering the penetration of private healthcare in the country. He said that while retention of healthcare services in the tax exemption list under the GST regime is thoughtful and will enable flow of seamless tax credit and improve overall tax compliance, the services rendered by the hospital are exempted from taxes, several input services are subject to GST, which will result in increase in overall cost of care for the patient. Mr. Patel said that FICCI assures the government, its complete support for achieving affordable, accessible and quality healthcare to all Indians.


Sharing a patient’s perspective,Mr. M Damodaran, Founder Chairperson, Excellence Enablers P Ltd & Former Chairman, Securities and Exchange Board of India (SEBI), said that care, patience, dignity and empathy are the four key words that stakeholders must understand to appreciate a patient’s needs. Referring to Gorakhpur tragedy, he said that it is a wake-up call for all and it is time to take stock of the situation and find solutions.

Mr.Damodaran said that there is a need to recognize and reward skilled workforce such as the nursing staff to enable them to render quality services. Challenges would always be there but the need is to find and deliver the best in such situations and not settle for sub-optimal services. He added that while there is a demand to increase outlays for healthcare, it must be understood that outlays do not result in outcome; what is required is action and execution.

Mr. Rahul Khosla, Chair-FICCI Health Services Committee; President, Max Group & Chairman, Max India Ltd., said thathealthcare financing isa huge issue. Healthcare is a sector with infrastructure status, and needed low cost financing options. This will enable creation of last mile connectivity. Besides, there was an acute shortage of skilled manpower and capacities. The need is to build new capacities and re-vitalize existing capacities. He added that there was an urgent need for the government and stakeholders to work collaboratively.

Mr. Varun Khanna,Co-Chair-FICCI Health Services Committee and Managing Director, BD India, delivered the vote of thanks. Also, on the dais wasMr. Ashok Kakkar, Co-Chair-FICCI Health Services Committee; Sr. MD, Varian Medical Systems International India Pvt. Ltd.Ms.Shobha Mishra Ghosh,Assistant Secretary General, FICCI, moderated the session.

FICCI HEAL 2017 to Unveil Patients’ Expectations

The two-day conference to showcase exclusively curated sessions that will catalyse Indian healthcare

New Delhi, August 14, 2017: Amidst rising debates on cost, access and quality of healthcare services in the country, FICCI, the largest & oldest apex business organization in India announced the 11th edition of its annual healthcare conference- FICCI HEAL dedicated to bring the perspective of the core stakeholder of health – the patient, to the forefront. The two-day conference scheduled on August 17-18, 2017, will attract the biggest names in healthcare, offering key networking and partnering opportunities and also provide insights on major trends affecting the healthcare industry.

The conference will bring together over 350 national and international stakeholders of the health sector, including healthcare providers, government officials, policy makers, representatives of different embassies, medical technology and pharmaceutical companies, healthcare education providers, health insurance companies, financial institutions etc.

Speaking on this announcement of 11th edition of FICCI HEAL, Mr. Rahul Khosla, Chair-FICCI Health Services Committee; President, Max Group & Chairman, Max Healthcare said, “With a population reaching 1.3 billion, providing affordable and quality healthcare to all its citizens is not an easy task for any country. India is home to 21% of the global disease burden. With increasing incidence of lifestyle and infectious diseases and lack of primary health care infrastructure, we have a long way to go. However, rapid technological advancements, increased public and private investments and seamless collaboration between the government and the industry can help us create a patient-centric affordable healthcare ecosystem. As the largest healthcare leadership conference in the industry, FICCI HEAL will strive to address some of these issues this year.”

FICCI HEAL 2017 will convene high-impact sessions on the best practices, quality assurance mechanisms and policies for achieving global standards of healthcare across the country. The deliberations will help in paving the way for transformation required in the Indian healthcare ecosystem and facilitate the stakeholders in adapting to the growing trend of patient centricity. The conference sessions will examine matters concerning the patient who will be the pivotal point of deliberations on Government Policies, including the National Health Policy 2017, role of media in bridging the trust deficit in healthcare, transparency in pricing in healthcare, building an ethical healthcare system, financing innovations to promote investments in healthcare, reaching beyond the traditional mindsets of delivering care through integrated healthcare models and empowering patients with technology driven care.

Dr Narottam Puri, Advisor, FICCI Health Services; Board Member & Former Chairman, NABH said, “While the industry members and policy makers often come together and engage with each other to voice their concerns, the patients remain largely unheard. Therefore, as change agents, we decided to address the conference from the patients’ perspective this year. We are looking forward to this edition with great enthusiasm and hope to pave a path for a patient–centric healthcare ecosystem.”

Another unique addition to FICCI HEAL 2017 is the exclusive session on MiTalks “Health and Humanity”. A curated session that will feature the best creative minds and past TED fellows and speakers who through their fascinating ideas on health and technology will inspire the FICCI HEAL attendees.

To enhance the patient focus, FICCI has also collaborated with KANTAR IMRB for a nationwide survey of 5000 healthcare consumers to evaluate their experiences and expectations from their healthcare providers. A knowledge paper capturing the findings of this survey will be released in FICCI HEAL 2017.

Ms Shobha Mishra Ghosh, Assistant Secretary General, FICCI said “India is already witnessing the emergence of an informed, engaged and empowered healthcare consumer. Today, the industry is faced with greater challenges than we have seen in years. Through the exclusive new formats at the 11th edition of FICCI HEAL, the conference promises to catalyse the Indian healthcare ecosystem in becoming more patient-centric.”

FICCI will also host the 9th edition of its annual Healthcare Excellence Awards supported by Quality Council of India to celebrate the excellence in healthcare delivery and innovation, on the evening of August 17, 2017.

WIN INDIA kickstarts its 10th edition at MMRDA Grounds, Bandra-Kurla Complex, Mumbai

The 10th edition of WIN INDIA, India’s leading trade fair for manufacturing, logistics, warehousing, factory automation and heavy engineering, commenced at the MMRDA Grounds, Bandra – Kurla Complex, Mumbai on 1st December 2016. WIN INDIA, consisting of three trade fairs – CeMAT INDIA, Industrial Automation INDIA (IA India) and Motion Drive & Automation India (MDA India), is jointly organized by Hannover Milano Fairs India Pvt Ltd, Department of Heavy Industry and FICCI. The three trade fairs brought together internationally renowned exhibitors, manufacturers, industry stakeholders, policy makers, and the end users.

The exhibition was inaugurated by Shri. Subhash Desai, Honorable Industries Minister, Government of Maharashtra, Shri. Girish Shankar, Secretary, Department of Heavy Industry, Mr. Marc Siemering, Sr. Vice President, Deutsche Messe AG, Shri. Didar Singh, Secretary General, FICCI and Mr. Mehul Lanvers Shah, Managing Director, Hannover Milano Fairs India.

“The national manufacturing policy aims to provide 100 million jobs, out of which 25% new jobs will be hi-tech and the remaining 75% will be medium tech. Currently 80% of the present jobs are low tech and in the capital goods sector alone, we have the challenge of training an additional 5 million into medium and hi-tech skill sets. For this we have set up the Capital Goods Skill Development Council which provides the framework and skill standards for these jobs. Under the new capital goods scheme, we are going to set up 5 mega skill training centres in the 5 regions of the country which will provide the necessary knowledge content. The Council enlists and certifies training institutions which are being proposed on an entrepreneurship model, and in some cases DHI will also provide grants to create training capacities. This should create the framework to substantially share the load to train 5 million workers in the next 5 years”, said Shri. Girish Shankar, Secretary, Department of Heavy Industry.

The key highlights of the three trade fairs include FICCI-DHI CEO Roundtable on “Automation and Job Creation”, an Intralogistics Conference comprising of a keynote on Smart, Connected, Agile – Strategic Impact of Intralogistics 4.0, a panel discussion on Supply Chain in Digital World and a special address on How ASEAN & China will shape our Supply Chain.

The keynote covered the challenges and solutions in Telematics & Fleet Management, Automation, E-Commerce, Energy Conservation and IIOT and their application in Intralogistics while the panel discussion explored the future direction of supply chains in a connected world and provided an overview of solutions that will leverage the technological innovations. The major focus in the special address was on the initiatives proposed by China – ‘Silk Road Economic Belt’ (SREB) and ‘ Maritime Silk Road’ (MSR) and how these initiatives have the ability to re-define the Indian Company.

Other key highlights of the trade fairs included a 2nd edition of the Automatic Training Zone which was organized in association of the Automatic Industry Association and a CEO Conclave which was organized by the Fluid Power Society of India. The Training Zone has programs which will address topics like ‘Enhancement’ in manufacturing. A special session was held on ‘Demand Generation & Challenges of Capital Goods Sector’. This session focused on Schemes by Department of Heavy Industry including schemes on Skill Development and Opportunities for Capital Goods in Railways. ‘IPF Industry Excellence Awards’, an awards ceremony was organized by ASAPP Media where in the Award was awarded to ‘Industrial Products Finder.

Mr. Mehul Lanvers Shah, Managing Director, Hannover Milano Fairs India, said, “We are proud to present the 10th edition of WIN INDIA and are happy to see a great response in terms of visitors, buyers, exhibitors, delegates and key dignitaries. The first day saw an overwhelming footfall which has surpassed our expectations at the much anticipated Intralogistics Conference and the Automation Training Zone.”

Some of the top exhibitors at the three trade fairs included Jungheinrich Lift Truck India Private Limited, Nash Robotics & Automation Private Limited, Su-Mech Storage Systems Pvt. Ltd, Grey Orange Robotics, Robert Bosch Engineering and Business Solutions Private Limited,Larsen& Toubro Ltd., FESTO India Pvt. Ltd., Godrej & Boyce Mfg. Co. Ltd., Mahindra Logistics etc. The trade fairs also saw participation from 10 countries like Germany, China, Italy, India, Netherlands, South Korea, Spain, Taiwan, UAE and USA.

The next two days at the trade fairs will have highlights like MDA Forum on ‘Industry 4.0 in Manufacturing and Skilling in Engineering Industry’ which will be organized by VDMA (German Engineering Federation), the Intralogistics Conference and the Automation Training Zone will continue in the next two days. A Masterclass Seminar on ‘Harmonizing Warehouse Ecosystem for Maximizing Efficiency’ will be held on Day 3 by Mr. Arif Siddiqui.

Tapping opportunities in capital goods sector can add up to Rs 50,000 cr to GDP

To create up to 50 lakh jobs: FICCI- McKinsey report on India Capital Goods Sector

A new report, “Accelerating growth in the Indian capital goods sector”, by FICCI and McKinsey & Company was released by Mr. Subhash Rajaram Desai, Minister for Industries & Mining, Government of Maharashtra along with Mr. Girish Shankar, Secretary, Department of Heavy Industry, Government of India and Dr. A Didar Singh, Secretary General, FICCI during ‘World of Industry’ (WIN) India conference and exhibition jointly organized by Department of Heavy Industry, Government of India, FICCI and Hannover Milano Fairs India Ltd.

The report mentions that though the demand for capital goods in the country has grown by almost two-and-a-half times over the last decade to INR 3.7 lakh crore in 2015, sectors’ contribution to India’s GDP is 0.6% as compared to 4.1% for China, 3.4% for Germany and 2.8% for Korea. Much of the demand was met by imports, thus making it the country’s fourth-largest import category after crude oil, electronics and gold.

For a $2 trillion economy, the sector is still relatively under-developed. The study reveals that the sector could have been weighed down due to low investments in technology and talent. In Indian capital good sector, less than 1% of revenue is ploughed back in R&D as compared to 5-6% in Germany. The sector has attracted an annual investment of Rs. 18,000-20,000 crore and has been stagnant at 1.4% growth. Indian goods sector has also been missing a deep component supplier ecosystem along with limited B2B sales and marketing capabilities.

While releasing the report, Dr. A Didar Singh, Secretary General, FICCI said “Capital goods is now the fourth largest import category after crude oil, electronics and gold. The future growth trajectory of the sector could be accelerated. Based on the push under the “Make in India” campaign and the trends in key end-use sectors, there are multiple growth opportunities on the horizon in India for capital goods players.”

Mr. Abhishek Agrawal, Associate Partner, McKinsey & Company said, “Despite the sector being under-developed, there is a silver lining. Economic reforms rolled out by the government over the years and kick-starting of capex cycle in many end-use sectors have created new opportunities.”

He further elaborates, “the following seven segments, if tapped, could result in US$30 bn (Rs 2 lac crore) annual opportunity for India’s capital goods players and global OEMs: Emission norms regulations; Investments into logistics infrastructure (railways, ports, roads); Thrust on indigenization of manufacturing in aerospace and defence; Urbanization; Meeting India’s energy, material and food demands; Tapping these opportunities could also accelerate the growth of this sector, add Rs. 40,000 – 50,000 crore to country’s GDP, allow import bill to be
reduced by about US$ 20-25 billion. It could also create additional 5 lakh direct jobs and 50 lakh jobs in total.”