IHH Healthcare is on track to expand its capacity in India to nearly 7,000 beds by 2028, following the closure of its open offer to acquire additional stakes in Fortis Healthcare and Malar Hospitals.
After this move, IHH now holds 31.17 percent of Fortis Healthcare and 62.73 percent of Malar Hospitals. The company aims to enhance patient care, drive innovation, and unlock operational efficiencies by leveraging synergies between Fortis Healthcare and Gleneagles Healthcare India. "The completion of the Fortis open offer allows us to move decisively into the next phase of growth in India," said Prem Kumar Nair, CEO of IHH Healthcare. The healthcare provider currently operates 35 hospitals across 11 states, with over 5,000 beds, and plans to add approximately 2,000 new beds by 2028.
This expansion is part of IHH's goal to strengthen its footprint in India’s evolving healthcare sector.IHH Healthcare’s strategic expansion in India is expected to play a crucial role in meeting the growing demand for quality healthcare services in the country.