Max Healthcare to Invest ₹1,000 Crore in Pune Super Speciality Hospital

Max Healthcare Institute Ltd has announced a significant investment of over ₹1,000 crore to set up a 450-bed super speciality hospital in Pune. This new facility, located in Yerawada, Pune, is expected to be operational within the next three years and will be the company's fourth healthcare center in Western India.

The investment involves the staggered acquisition of a 100 per cent equity stake in Yerawada Properties Pvt Ltd (YPPL), Pune, followed by the development of the hospital. This strategic move aligns with Max Healthcare's vision of expanding its presence in key healthcare markets across the country.

Abhay Soi, Chairman and Managing Director of Max Healthcare Institute Ltd, emphasized the importance of this venture. “This proposed hospital will bring advanced medical care closer to patients in the region. Our entry into Pune is a strategic milestone for Max Healthcare and aligns with our long-term vision of expanding our presence in key healthcare markets across the country,” he stated.

Pune, one of India's fastest-growing urban centers, boasts a strong economic base and a rapidly expanding middle-class population. The city's growth has created a significant demand for high-end medical facilities equipped with state-of-the-art technology. Max Healthcare sees this project as the first of several they intend to establish in the market.

Max Healthcare currently operates 20 healthcare facilities with over 5,200 beds, primarily in North India. The company's decision to expand into Pune underscores its commitment to meeting the growing healthcare needs of the region and enhancing its national footprint.

The new hospital in Pune will offer a wide range of super speciality services, including cardiology, neurology, oncology, and pediatrics, among others. The facility will be designed to provide comprehensive and advanced medical care, ensuring that patients in the region have access to the best possible healthcare options.

This investment is not only a significant step for Max Healthcare but also a positive development for the healthcare sector in Pune. It is expected to boost the local economy and create numerous job opportunities, further contributing to the city's growth and development.