Max Healthcare to invest $450 mn over next 4 years to double India capacity

The investment will help boost capacity at existing hospitals as well as augment the firm's land holdings further, according to Soi.

Max Healthcare Institute Ltd., India’s second-largest hospital chain operator, plans to invest $450 million over the next four years as it gears up to add capacity after the country’s health care system last year was overwhelmed by the Covid-19 pandemic.

“We are looking at doubling our capacity, we are fortunate to have land banks in our network” in cities including Mumbai and New Delhi, Abhay Soi, the company’s chairman and managing director, told Bloomberg TV Tuesday. Max Healthcare is entering “a huge asset creation cycle in the two to three years,” he said.

The investment will help boost capacity at