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General Electric chief sees India helping cut costs of U.S. healthcare

New York Times, October 5, 2009

India will play a significant role in reducing healthcare costs in the United States as India's healthcare market expands, General Electric Chief Executive Jeffrey R. Immelt predicts. The Indian healthcare industry is "on the verge of substantial growth," Immelt said, adding that healthcare products and services developed cheaply in the United States will be exported to Western markets, cutting prices there.