Quality Care merger to boost Aster DM position: Moopen

ASTER DM HEALTHCARE, which is merging with Blackstone-backed Quality Care India (QCIL), plans to add more than 4,000 beds over the next three years as it looks to strengthen its position as the country's second-largest hospital chain by bed capacity.

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"India is now our largest growth market and we plan to invest aggressively over the next three years.Our expansion strategy focuses on both greenfield projects and selective acquisitions," Alisha Moopen, deputy managing director, Aster DM Healthcare India, told FE.

In November 2024, Aster DM Healthcare announced its merger with QCIL which is backed by Blackstone and TPG.