The Indian healthcare sector is coming back to pre-pandemic level growth of 14% to 18%, as the fundamentals are strong enough to tide over the pandemic, says the MD & CEO of Manipal Hospitals
With Manipal Hospitals wrapping up a deal to buy Columbia Asia Hospitals, Ranjan Pai has chalked off a major item on his bucket list: building a pan-India hospital chain. But he is far from done.
The funding comes close on the heels of billionaire entrepreneur Ranjan Pai-led Manipal Hospitals acquiring Columbia Asia Hospitals in India for ₹2,100 crore last November.
When the virus hit India, the country’s healthcare system came under the most intense scrutiny that it ever had. The system also saw some irreversible effects. Things might not be the same again.
The ₹2,100-crore acquisition of Columbia Asia Hospitals is set to give Pai’s Manipal Hospitals an inroad into Kolkata, Gurugram, Ghaziabad, Patiala, and Pune.
