HYDERABAD:The second edition of the Indo-Global Healthcare Summit and Expo 2015 and the Indo- Global Pharma Expo and Summit 2015, will be held here for four days from July 23.
The two events are organised by the Federation of Telangana and AP Chambers of Commerce and Industry, the OMICS International, Indus Foundation with the support of Telangana government and the Pharmaceutical Export Promotion Council of India (PHARMECIL).
Governor ESL Narasimhan will inaugurate the events. Health minister C Laxma Reddy, IT minister KT Rama Rao will participate, according to a press release. The Indian healthcare industry is growing at a rapid pace and is expected to become a $ 280 billion industry by 2020.
The Indian healthcare market was estimated at over $ 70 billion in 2013 and is expected to be around $ 145 billion by 2017, Indus Foundation president SB Anumolu said.
According to the Investment Commission of India, the healthcare sector has experienced phenomenal growth of 12 per cent per annum in the last four years. The Indian Pharmaceutical industry is expected to touch around USD 40 billion by 2016-17 and USD 55 billion by 2020, PHARMECIL Director General P V Appaji said.