The opening up of the Indian economy during the early nineties heralded an era of unprecedented industrial growth in India. The growth rates seen match those of the fastest growing economies. A confident and resurgent Indian Industry is making forays into almost all the sectors of economy. Lately, the huge opportunities for growth within the domestic and global healthcare sector have attracted the attention of Indian industry. The Indian Healthcare system has notched up several significant achievements over the last 50 years particularly in terms of life expectancy, infant mortality rate and success in dealing with various dreaded diseases. However, easy accessibility of quality healthcare and affordability to the citizens at large are key concerns.