Fortis starts second phase of expansion in domestic market1 min read . Updated: 01 Feb 2014, 01:00 PM IST
The hospital chain said it wanted to take its overall capacity to 5,500 beds in the domestic market by adding another 1,500 beds by fiscal 2014
Fortis Healthcare Ltd, India’s largest private healthcare company, started its second phase of expansion in the domestic market on Thursday by launching a 260-bed super-specialty hospital in Ludhiana, Punjab.
The hospital chain, after divesting key hospitals and diagnostics assets in Australia, New Zealand, Vietnam and Malaysia, last year said that it was shifting its focus back to India and wanted to take its overall capacity to 5,500 beds in the domestic market by adding another 1,500 beds by fiscal 2014.
Fortis already has two facilities in Mohali and Amritsar. With the new hospital at Ludhiana, its total bed capacity has increased to 1,000 beds in Punjab alone. It also plans to set up new hospitals in Gurgaon and Chennai with large capacities during 2014.
Fortis is also planning a 100-bed centre for women, Fortis La Femme, in Ludhiana by 2016, the statement said.
“With strong roots in Punjab, Fortis began its journey with the first hospital in Mohali. Today, we consider it our privilege to launch yet another state-of-the-art healthcare facility in Punjab that will set a new benchmark for medical care in the region," Malvinder Mohan Singh, executive chairman, Fortis Healthcare, said in a statement.
Fortis has 65 facilities (including projects under development) in India, Singapore, Dubai, Mauritius and Sri Lanka, over 10,000 beds and 240 diagnostic centres.