Apollo Hospitals Founder Sees Union Budget as Launchpad for India's Rising Healthcare System

New Delhi, Dec [Year] - Prathap C Reddy, Founder and Chairman, Apollo Hospitals , on Saturday, hailed the recent Union Budget as a significant step towards transforming India's healthcare system into a global leader.

Reddy, who made the remarks in a statement, emphasized that the budget announcements are expected to yield substantial benefits for the healthcare sector over the next five years. "The additional 75,000 seats and the launch of Centers of Excellence in AI are poised to foster innovation in health-tech and expand R&D investments," he said.

Moreover, Reddy welcomed the announcement promoting medical tourism through private sector partnerships, which will strengthen India's position as a destination for affordable, world-class medical care. "With support for capacity building and streamlined visa processes, this initiative will not only heal our citizens but also help heal the world," he stated.

The inclusion of 200 Daycare Cancer Centers in district hospitals and custom duty exemptions on critical medicines for rare diseases, cancer, and severe chronic conditions are considered commendable steps by Reddy. Additionally, the establishment of National Centers of Excellence and 50,000 Atal Tinkering Labs will enable the next generation of medical innovators and startups.

Reddy concluded that the healthcare sector is poised for significant growth, citing the Union Budget's promise to address crucial challenges such as skilling healthcare professionals in emerging technologies.