Promoters of Mumbai-based Lilavati Hospital are seeking investment from private equity investors and pension funds for its proposed Rs 4,000-crore pan-India expansion plan. The plan includes setting up five to six multi-specialty hospitals in the next five years. Lilavati Hospital will retain the controlling stake.
A joint study by Knight Frank and Berkadia reveals that India requires an additional 2 billion sq ft of space for healthcare facilities to meet the needs of its growing population. Currently, there is a significant disparity between the number of hospital beds available and the number of hospital beds required, highlighting opportunities for investment in the healthcare industry. The study also notes an emerging opportunity for investments in medical research and development. India’s healthcare market is estimated to be worth $372 billion in 2022.
