Max Healthcare Institute Ltd has unveiled an ambitious expansion strategy, committing ₹6,000 crore by 2028 to add 3,700 beds across India. This initiative aims to increase the hospital chain’s capacity from its current 5,000 beds to approximately 9,000 beds, expanding its network from 22 to around 30 hospitals nationwide.
The expansion will encompass both new facilities and the augmentation of existing ones. Notably, a new 300-bed greenfield hospital has been inaugurated in Dwarka, Delhi, featuring over 120 critical care beds, 10 modular operation theatres, and advanced Cath Labs. This facility offers specialized services in cardiac sciences, oncology, renal sciences, neurosciences, robotic surgery, pediatrics, and organ transplants.
Additional hospitals are slated to open in Mohali, Mumbai, and Saket, New Delhi, later this year. The company also plans to expand its presence in Gurugram. Funding for this expansion will be sourced internally, with profits reinvested to build healthcare assets. In a recent interview Abhay Soi, the Chairman and Managing Director of Max Healthcare Institute Ltd mentioned, “We are opportunistic about it, as and when we get the opportunity, we will buy,” indicating that any acquisitions would be funded separately from the ₹6,000 crore earmarked for organic expansion.
Furthermore, Soi has previously emphasized the company’s focus on expanding into tier-2 and tier-3 cities, stating, “We continue to be on an inorganic path, we see great opportunity in tier-2 and tier-3 cities.” Max Healthcare remains open to acquisitions, with a separate budget allocated for potential inorganic growth opportunities. He also emphasized the strategic importance of this expansion in enhancing healthcare accessibility and meeting the growing demand for advanced medical services across India.
