IHH Healthcare is on track to expand its hospital capacity in India to nearly 7,000 beds by 2028, following the successful closure of its open offer to acquire additional stakes in Fortis Healthcare and Malar Hospitals.
Increased Stake Strengthens Strategic Position
After completing the transaction, IHH Healthcare now holds a 31.17 percent stake in Fortis Healthcare and a 62.73 percent stake in Malar Hospitals. This increased ownership significantly strengthens IHH’s strategic position in the Indian healthcare market and reinforces its long-term commitment to the country.
Leveraging Synergies to Drive Growth and Innovation
With this milestone, IHH aims to enhance patient care, drive clinical innovation, and unlock operational efficiencies by leveraging synergies between Fortis Healthcare and Gleneagles Healthcare India. As a result, the group plans to streamline operations, improve clinical outcomes, and expand access to high-quality healthcare services.
Commenting on the development, Prem Kumar Nair, CEO of IHH Healthcare, said, “The completion of the Fortis open offer allows us to move decisively into the next phase of growth in India.”
Expanding Hospital Network and Bed Capacity
Currently, IHH Healthcare operates 35 hospitals across 11 states in India, with a combined capacity of over 5,000 beds. Going forward, the company plans to add approximately 2,000 new beds by 2028, taking its total capacity close to 7,000 beds nationwide.
Strengthening Presence in India’s Evolving Healthcare Sector
As reported by Projects.today, this expansion aligns with IHH Healthcare’s broader strategy to strengthen its footprint in India’s rapidly evolving healthcare ecosystem. Moreover, the planned capacity addition is expected to play a critical role in meeting the growing demand for quality, accessible healthcare services across the country.