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Lucknow, Kolkata, Pune on Shalby Hospitals' radar
Business Standard
|October 21, 2025
Ahmedabad-based Shalby Hospitals is embarking on mega expansion plan across India, with new multi-specialty hospitals planned in Lucknow, Kolkata, Nagpur and Pune over the next two-five years.
Its upcoming greenfield project in Mumbai’s Asha Parekh Hospital will take the total capacity to around 2,500 beds.
The chain currently operates 17 hospitals, having 2,300 beds.
“Our next phase of growth will focus on Tier-1 cities,” said Shanay Shah, president, Shalby Hospital, in an interaction with Business Standard.
He added, “Each new hospital will have about 200-250 beds, which is our sweet spot. We don’t build 1,000-bed facilities but focus on operational efficiency, patient experience, and scalability.”
The group's expansion will follow a mix of owned and asset-light models.
“In metros, we usually spend about ₹1.5-3 crore per bed, depending on the location and infrastructure. In Mumbai, because it’s an asset-light model, the investment will be closer to ₹1.5 crore per bed,” Shah added.
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