Gurugram: IHH Healthcare, Asia’s largest multinational healthcare provider, has announced plans to deepen its presence in India after completing its open offer for Fortis Healthcare Limited and Fortis Malar Hospitals Limited.
Following the transaction, IHH now holds a 31.17 percent stake in Fortis Healthcare and a 62.73 percent stake in Fortis Malar Hospitals, marking a clear strategic push to scale its Indian operations.
India remains a key growth market for IHH. The group is leveraging its combined network of 35 hospitals with more than 5,000 beds spread across 11 states. As part of its expansion plans, IHH aims to add around 2,000 new beds by 2028. The growth will be driven by operational efficiencies, clinical excellence, and financial synergies across its hospital networks.
IHH Healthcare operates a portfolio of well-known hospital brands, including Acibadem, Gleneagles, Fortis, Island, Mount Elizabeth, Pantai, Parkway, and Prince Court. The group has operations across 10 countries, including Malaysia, Singapore, Turkey, India, and Greater China, making it one of the most geographically diversified healthcare providers globally.
With its latest acquisitions, IHH aims to consolidate scale and strengthen financial capabilities in India, aligning with the rising demand for high-quality hospital services and advanced medical care in the country.