#UncommonSense
UK/US NRIs & Top 2% Indian Residents (30 Mn Income Earners > Rs6lac/per yr) praise #Medical#Facilities in India especially ability to Approach Specialists Directly
Driving though PUNE/MUM/BLR & reaching Hospital in time in a Medical Emergency is Impossible
These people generally forget that when they compare themselves to the US/UK NRIs vs the Indians in India… one is comparing the Avg US/UK citizen with the Top 2% in India
Let me explain
(1) For Indian hospitals in Major Metros in India average revenue per occupied bed (ARPOB) is Rs65k > 50% Annual Revenue for 60% of Indian population
(2) 75-85% of Spend in Medical in India is out of pocket in India. The HIGH costs in Developed Markets is fine since 80-90% is covered by Public Medical or Insurance.
(3) The Avg Medical Hospital - Public or Private - in these developed markets are super clean and well managed. Compare that to the Avg Public Hospital in India
My final point is that we might have good and cost effective Medical facilities for the Top 2% of India (Since the bottom 90% who earn below Rs25k don’t matter to the top 2%) but
WILL YOU REACH FOR MEDICAL HELP IN TIME during an emergency given how CLOGGED the roads are?
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FIRST: Every litre of Ethanol, Govt India will lose Rs15-20 in Tax Collections since:
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👉Cost of Procurement of ETHANOL is Rs65/Lt
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WILL #ITC Hive off the Non-Tobacco FMCG ?
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Revenue (+19% YoY) but EBITDA (+76% YoY) & margins a respectable 13.3%
Will Investors Attach Super High PE to Non-Tobac FMCH biz ?
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