IHH Healthcare, Asia’s largest private healthcare group, has increased its stake in Fortis Healthcare and outlined plans to add 2,000 new beds across India by 2028. The move strengthens IHH’s control over one of India’s leading hospital chains and signals aggressive growth in high-acuity specialties, medical tourism, and digital health integration.
Glimpse:
IHH has raised its stake in Fortis through open-market purchases and strategic acquisitions. The group will invest in brownfield expansions, new greenfield hospitals, and specialty centres (oncology, cardiology, neurosciences, transplants) in key metros and tier-2 cities. The 2,000-bed target by 2028 aims to capitalize on rising demand for quality private care, insurance penetration, and India’s growing medical tourism market.
IHH Healthcare Berhad, the parent company of Fortis Healthcare, has further increased its shareholding in Fortis through ongoing open-market acquisitions and strategic block deals. The latest stake increase solidifies IHH’s position as the controlling shareholder and sets the stage for accelerated expansion across India’s private healthcare landscape.
The group has committed to adding approximately 2,000 new beds by 2028 through a mix of brownfield expansions at existing Fortis hospitals and greenfield projects in underserved high-growth markets. Key focus areas include:
Super-specialty build-out oncology, cardiac sciences, neurosciences, organ transplants, and advanced orthopaedics Tier-2 city penetration new facilities and upgrades in emerging urban centres to capture rising middle-class demand Medical tourism & international patient services dedicated centres of excellence with global accreditation and multilingual support Digital & preventive health integration of AI diagnostics, telemedicine, and wellness programs to drive patient loyalty and recurring revenue
IHH’s strategy leverages Fortis’s strong brand equity, clinical talent pool, and existing network while addressing capacity constraints in metros like Delhi-NCR, Mumbai, Bengaluru, and Chennai. The expansion aligns with India’s growing healthcare needsrising chronic diseases, insurance coverage under Ayushman Bharat and private plans, and medical tourism inflows.
The increased stake and bed-addition plan reflect IHH’s long-term confidence in India’s private healthcare market, which continues to outpace many global peers in volume growth and profitability potential.
“India is one of the most exciting healthcare markets globally. With this expansion, we are deepening our commitment to delivering world-class care to millions more patients.”
By
HB Team
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