MUMBAI: GE Healthcare will double its India investment as it finds the country a sweet spot amid the global economic uncertainty. Tailoring solutions for the Indian market, besides tapping at country-specific needs, the General Electric unit is aiming for India revenue of $750 million (Rs 5,000 crore) this year, Chief Executive John Flannery said.Flannery is helming the $18 billion GE Healthcare at a time when pricing pressure across the world has garnered unfavorable public opinion for all things healthcare. In an interview to ET, Flannery said his stint in India — he was CEO for GE India from October 2009 to April 2013 — has put him in a better position to deal with the situation.“India influences a lot about how I think about the global business,” Flannery said. “I observed a lot of things about healthcare … a lot of things that were different in India. I thought those things would happen in the US and European markets.”The GE Healthcare boss believes the current focus on cost, quality and outcomes, the hallmarks of India business, has now very much an aspect of the global business. People are dealing with three basic things whether you are India, China or New York City, he said.“Cost, huge explosion of data and healthcare outside of traditional hospital setting is the current trend,” he said. It is this understanding that he says makes him bullish about the Indian market. Among the business side, GE has bet big on the oncology segment, selling its PET and CT imaging equipment. However, with the growth in biologics pharma business, its lifesciences solutions is becoming one of the fastest growing segments for the company, in India and outside.“India is one of the highest growth businesses we have anywhere in the world. It has strong double-digit growth. So, it adds a lot of features to our global business,” Flannery said.The India market for GE Healthcare is growing at 20% and the company is aiming over a $1 billion revenue by 2020. But despite the optimism for India, China takes the cake for GE Healthcare, just because of the sheer size of the business. Flannery admitted that, as he said China is bigger for the company, because it has been investing in the healthcare system there longer than in India. But GE’s investment in India has been rapid, he added.