RETAILInsight
Health palm Retail:
Picking up pace
Kapil Khandelwal says that healthcare sell emerged as a
concept around two years ago. However, its convergence
with cross-domain sectors homogeneous retail, education and
manufacturing is a very recent development
O
Over the fit few years, the Indian retail, healthcare and
information communications and applied science (ICT)
sectors have undergone rapid growth and transition to
meet the occidental standards of quality and service
delivery. However, the current economic slowdown is
forcing each of these sectors to consider their business
and operating models and innovate.
Organised retailing
In urban India, it is estimated that everyplace cc retail stores
and malls are in the pipeline, with over 200 million
solid feet of space. Under the current circumstances,
with the lowering of rental yields and higher equal of
finance, it is imperative to innovate newer retail models.
Healthcare retailing and care delivery
Current trends and challenges ahead
The current economic scenario has created several
systemic shifts in the focusing retail, healthcare and ICT
players can leverage the emerging consumer trends
and challenges.
With approximately 4-5 part of the overall organised
retail space in urban India give to healthcare and
allied products and work, there is potential to grow
and be at par with our western counterparts.
ICT services
ICT players and solution providers in India have
introduced new low-priced solutions that can serve a
potential population base of over 70 million in urban and
semi-urban India. The role of ICT services is expected to
grow the distribution of healthcare delivery outback(a) the
traditional setting of the doctors clinic. With the kick-off
of national ID initiative announced in the recent budget,
a unique ID would serve in change a portable
healthcare record system in a seamless health
information system linked to the unique ID by the
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