After centuries of occupation by the British, Portuguese, French and Dutch, India became politically independent more than 6 decades ago. The race for economic independence and the status of a developed country started in the 1990s. India is fast making up ground lost in the byways of history and is now well set to be a major economic power over the next decade. The Indian civilization and history has a rich and ancient tradition of science, literature and philosophy. Health as one of the Fundamental Human Right has been accepted in the Indian Constitution. The hospital or healthcare industry comprises establishments known and licensed as general medical and surgical hospitals primarily engaged in providing diagnostic and medical treatment(both surgical and nonsurgical) to inpatients with any of a wide variety of medical conditions. These establishments maintain inpatient beds and provide patients with food services that meet their nutritional requirements. These hospitals have an organized staff of physicians and other medical staff to provide patient care services. These establishments usually provide other services, such as outpatient services, anatomical pathology services, diagnostic X-ray services, clinical laboratory services, operating room services for a variety of procedures, and pharmacy services. The health care industry is considered an industry or profession which includes people’s exercise of skill or judgment or the providing of a service related to the preservation or improvement of the health of individuals or the treatment or care depends on an expanding group of trained professionals coming together as an interdisciplinary team. The land of Aswini twins, Agastya, Dhanwanthari and Charaka cannot lag behind in the health care sector. Indian physicians and surgeons are now the most sought after all over the world for their knowledge, expertise and skill. The traditions of healing sciences have endowed the Indian medical professional with a deep insight and an unparalleled humane approach to caring for the unwell. Indeed, we are witnessing a global phenomenon where patients from the world over are now undergoing a GTI (Go to India) syndrome. Definition of Hospital: – A hospital can be defined as “An institution that provides medical, surgical, or psychiatric care and treatment for the sick or the injured. Nature: A hospital is an institution for health care providing treatment by specialized staff and equipment. Demand for hospital services is driven by demographics and advances in medical care and technology. The profitability of individual companies depends on efficient operations, since many hospitals offer similar services. Hospitals are labour intensive. The major services of hospitals are in-patient nursing care and facilities, outpatient clinical facilities, and diagnostic laboratory services such as blood work and x-rays. On average, close to 60 percent of hospital revenue comes from in-patient services, and 30 percent from outpatient. Most hospitals provide general medical and surgical care, but about 20 percent provide super speciality services. What we now call modern medicine first began to take shape in the 19th century when technological, chemical, and biological advances gave physicians the means to better understand, diagnose, and treat ailments. The discoveries and developments that followed, such as anaesthetics, syringes, antiseptics, x-rays, and penicillin, helped to greatly improve the quality of medical treatment patients received. The healthcare industry, although often thought a humanitarian field, is nowadays run as a business, with profit as the bottom line. The healthcare consists of those companies which manufacture medical products or provide services such as prevention, diagnosis, and treatment of illness or other health issues, and rehabilitation. Healthcare systems vary drastically from country-to-country. As life expectancies lengthen, more and better care will be in demand. As such, sales volume will increase. And so, for health care providers, sales forecasts for the long term are positive