Stay updated with breaking news from Dr Amar Agarwal. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The expansion will be through a combination of both through acquiring a string of ophthalmologist-driven standalone hospitals and small local chains; and setting up new hospitals. "We have internal teams who are constantly evaluating potential acquisitions," Adil Agarwal, CEO of Dr. Agarwals said.
The company is mainly looking to open hospitals in Maharashtra, Delhi and Uttar Pradesh, a shift from its established ground in South India, company Chairman Dr. Amar Agarwal told ET. "Most of our new hospitals will be acquired instead of built," he said, adding that it was a more efficient way to break ground in newer territory. The company, he said, has 10 new acquisitions lined up in these regions, which are expected to be completed by the end of this year.