Plan to add 1,100 beds on top of the already existing 10,500

Leading hospital chain Manipal Hospitals has been on an expansion spree, solidifying its position as India's largest hospital by bed count.

This was further strengthened by its recent acquisitions of Kolkata-based AMRI Hospital and Medica Synergie. In a video interview with Sanket Koul, DILIP JOSE, managing director and chief executive officer of Manipal Hospitals, talks about the hospital chain's expansion plans and whether the company is looking to go for an initial public offering (IPO). Edited excerpts: With the acquisition of Medica and AMRI Hospital, you currently operate 10,500 beds in India.

What are your expansion plans for this financial year? 

We are building three greenfield projects in Bengaluru with 250 beds each, which are in advanced stages of construction. There is another 350-bed facility coming up in Raipur, Chhattisgarh. So there are 1,100 beds on which we are looking to add. This will be on top of 10,500 beds we already have now.