sahyadri: Sahyadri Hospitals plans to invest over Rs 750 cr to expand healthcare infra

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Sahyadri Hospitals, the Pune-based regional hospital chain controlled by Ontario Teachers’ Pension Plan Board, has lined up a `750-crore expansion plan to double the capacity through both organic and acquisitions in the next 3-4 years, a top executive of the company said.

Sahyadri on Tuesday added its ninth hospital, a 100 bed facility in Hadapsar, Pune, taking its total network bed capacity to 1,021 beds.

“We want to become a rest-of-Maharashtra brand (beyond Mumbai), we are exploring expansion opportunities across Pimpri Chinchwad, Navi Mumbai, Thane, Nagpur, Solapur and Kolhapur, before considering other states,” said Abrarali Dalal, director and CEO, of Sahyadri Hospitals, in an interview to ET.

“There is a demand-supply mismatch in terms of high quality healthcare infrastructure in the interiors of Maharashtra, which we want to fill,” Dalal said.

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