Prime Minister Narendra Modi will inaugurate six new AIIMS, including the ones in Samba, Jammu and Kashmir and Rae Bareli, Uttar Pradesh, in the next six days. The AIIMS in Samba, established under the Pradhan Mantri Swasthya Suraksha Yojana, is equipped with state-of-the-art facilities. PM Modi will also inaugurate various medical colleges, nursing colleges, research labs, and food safety infrastructure projects. These initiatives aim to improve healthcare accessibility and affordability in India.

A joint study by Knight Frank and Berkadia reveals that India requires an additional 2 billion sq ft of space for healthcare facilities to meet the needs of its growing population. Currently, there is a significant disparity between the number of hospital beds available and the number of hospital beds required, highlighting opportunities for investment in the healthcare industry. The study also notes an emerging opportunity for investments in medical research and development. India’s healthcare market is estimated to be worth $372 billion in 2022.