 Fortis emerges a winner in Delhi's pvt healthcare sectorPublished on Wed, Sep 13, 2006 at 09:38 | Source : Moneycontrol.com Updated at Wed, Sep 13, 2006 at 10:33 8335 Investors following Apollo Hospital. Share this News with them.
Competition in the private healthcare sector has been heating up with new entrants coming in. CNBC-TV18 learns that the battle in the capital has seen a new winner emerge - Fortis Healthcare. Shivinder Singh the man behind Fortis Healthcare, part of the Ranbaxy group, has dislodged Apollo hospitals as the No 1 healthcare provider in the capital. Apollo has a turnover of about Rs 220 crore in the capital. However, since Fortis set up its first hospital in Noida in 2004, it has managed to garner double of that. With seven hospitals spread across the national capital region, the Fortis management believes that it's the geographic reach coupled with multiple specialty units that has done the trick for them.
Spreading roots in North India further, Fortis will soon have a hospital in Jaipur and is also looking at Himachal Pradesh. Another key project for the company is a medi-city or a healthcare hub coming up in Gurgoan.
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Shivinder M Singh, Group MD, Fortis says, "We are the largest players in North India. We have seven hospitals in Delhi, we are the largest player in Delhi by volume, number of beds, by financials, by any metric."
