Chandigarh-based Mits Healthcare, the flagship company of the Mits Group, has begun laying the groundwork for a possible IPO by strengthening its internal systems, manufacturing capabilities and organisational culture, a senior company executive said on Thursday (Dec 25).
The company is looking to broaden its presence in wellness, chronic disease management and preventive healthcare, while also entering new therapeutic areas through research-driven product development.
As part of its efforts to prepare for public markets and foster a performance-oriented workplace, Mits Healthcare recently rewarded its top six performers with company-sponsored cars.
Founder, Managing Director and CEO MK Bhatia said that recognising high performers helps create a sense of ownership, strengthens commitment and supports sustainable long-term growth. He added that performance-linked incentives are key to driving operational excellence.
The company’s growth strategy also includes expanding into additional states, reinforcing its nationwide distribution network, investing in automation and digital health technologies, and prioritising talent development.
