GE investing another $50 Billion in Indian Healthcare. Healthcare IT; software and R & D will be the new focus areas. GE sees huge potential in India, as they have been growing at CAGR of 30% in India by 2011. They plan to make India its manufacturing and R & D hub due to commercial viability and huge consumer market. GE dedicated the year 2012 as "At Work, for a Healtheir India". GE India has developed products which lead to new innovation levels in healthcare.