Name of sector which is not in Recession | Indian Stocks to Make You a Millionaire
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Name of sector which is not in Recession

Posted By On 11:23 PM Under ,

1. One sector which is not reeling under recession is Hospital business as with recession people will be spending more on health care due to inherent problems associated with work anxiety.

2. Another reason for buoyancy in this sector is due to increase in medical tourism due to severe recession in western economies.

3. It is worth noting that middle class patients from the West are now heading to India as a way to save amid pay cuts and layoffs in their countries. It is to note that 4.5 lakh medical tourists had visited India in 2007-08 and that the industry was expected to grow by 35% in 2008-09.

4. Thus one can keep an eye on all the major hospitals like Fortis healthcare and Apollo Hospitals etc which can be added to kitty as and when the pocket permits.
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