Healthcare is one of the most basic amenities of the survival of human beings. All the developments of any area go into vain if it does not provide healthcare support to its residents.
In a country like India which is one of the most populated countries in the world and is also a developing nation, healthcare infrastructure has constantly been evolving since decades. But unfortunately, Kolkata, even after being one of the metro cities of India, was lacking the infrastructure for healthcare for years.
In recent years, we have seen some slight changes in Kolkata’s healthcare system, but it is not adequate for a city that is the second largest city of the nation. This is why budding entrepreneurs should find healthcare as promising business sector in Kolkata.
Read on to know why Kolkata could be a viable destination for you to open a healthcare-related business.
Inadequate facilities from government
The government provisions are inadequate to meet the requirement of the people of Kolkata. According to recent reports of National Family Halth Survey, only a small proportion of Kolkata households are covered under any health scheme or health insurance.
This has paved the way for opportunities for private sector players to open a business in healthcare.
Infant Mortality Rate
Infant mortality rate in Kolkata is 41 per 1000 live births which is considered to be very low. Such a low mortality rate suggests that the healthcare is not adequate to cater to a large segment of people.
Therefore, immediate healthcare is quite needed to fulfill the needs and demands of the city.
Untapped Market
In Kolkata, there are no such big hospitals (neither government nor private). Hence, the market is untapped. This gives the budding entrepreneurs more opportunities to get flourished in the market as the demand is high but the supply is less.
If you want to showcase your brands to business seekers, click here to get registered and connected with FROEXPO 2019 Kolkata.