The Bajaj Group is set to enter the healthcare sector with an initial investment of ₹2,000-2,500 crore, marking a strategic move to build a nationwide integrated healthcare network. The initiative is envisioned as a long-term growth driver for the century-old conglomerate.
The new venture, Bajaj Integrated Health Systems (BIHS), will offer a comprehensive range of services including hospitals, neighbourhood clinics, ambulatory day surgery centres, and home-based care. According to Nirav Bajaj, MD & CEO of BIHS, the first “continuum of care” facility comprising a large multi-specialty hospital, over a dozen day-care centres, ambulatory surgery units, and home care services will be launched in Pune by the end of December. Mumbai is expected to follow within the next three to four years.
The group plans to expand into other metro cities over time, aiming to establish a pan-India presence within the next 10–15 years. Bajaj emphasized that the group’s entry into healthcare aligns with its legacy of building businesses focused on national development and public welfare.
Unlike traditional hospital-centric models, BIHS will focus on delivering care outside hospitals wherever possible. The model is designed to treat nearly 70-80% of healthcare needs through clinics, day-care centres, or home services reserving hospital visits only for more critical cases. This approach is expected to reduce costs, lower infection risks, and improve patient outcomes.
In a notable shift from industry norms, doctors within the system will not have revenue-linked targets. Instead, their performance will be evaluated based on quality of care, patient outcomes, and overall experience.
The clinics and ambulatory facilities will operate from leased spaces, while hospitals will be developed as greenfield projects. The venture will be funded entirely through internal accruals and promoter capital. While ₹2,000-2,500 crore is earmarked for the Pune rollout, total investment could rise to ₹6,000-7,000 crore over the next four to five years as expansion accelerates.
BIHS also plans to collaborate with the group’s insurance arm to design products tailored for outpatient and day-care treatments segments that remain underdeveloped in India. The aim is to simplify the interaction between patients, providers, and insurers, ensuring a more patient-centric system.
The company expects to hire around 500 professionals, including doctors, paramedics, and administrative staff, by the end of the year. While a potential public listing is not being considered at this stage, the group envisions the healthcare venture evolving into a significant national platform over time.