IHH Healthcare has reaffirmed its plans to significantly scale up its presence in India, stating that it remains on track to expand hospital capacity to around 7,000 beds by 2028, an increase of more than one-third from current levels. The announcement follows the successful closure of the company’s open offer to acquire an additional stake in Fortis Healthcare.
Following the completion of the open offer, IHH Healthcare’s shareholding now stands at 31.17 per cent in Fortis Healthcare and 62.73 per cent in Malar Hospitals. The company said this strengthened ownership structure provides greater strategic flexibility and positions it to accelerate the next phase of growth in the Indian market.
IHH Healthcare noted that the expanded footprint will be aligned with its broader group-wide transformation programme, which is focused on strengthening operations, enhancing clinical excellence, and building long-term resilience across its healthcare portfolio. The India expansion is expected to play a key role in this transformation, given the country’s growing demand for quality tertiary and quaternary care services.
The company’s expansion roadmap underscores its long-term commitment to India as a core growth market and is aimed at supporting increased patient volumes, improving access to advanced healthcare services, and reinforcing its position through Fortis Healthcare and Malar Hospitals over the coming years.
