HEALTHCARE
AFTER GLOBAL HOSPITAL chain Aster DM Healthcare separated its India and GCC (Gulf Co-operation Council) businesses, it is looking to double down on the Indian market and plans now to expand into the north Indian market. The hospital chain’s presence is currently concentrated in south India, especially Kerala—six of its 19 Indian hospitals are located in the state.
The company sees a substantial demand-supply gap in India’s healthcare sector, thanks in part to the country’s population, estimated at more than 1.4 billion. “In India, there exists a substantial demand-supply gap, particularly pronounced in the North and Northeast regions. The shortage of hospital beds is evident, with the organised sector having less than 100,000 beds, while the actual requirement is estimated to be ten times higher,” Dr Azad Moopen, Founder & Chairman of Aster DM Healthcare, tells BT.
AT PRESENT, ASTER HAS 19 HOSPITALS IN INDIA, AND SIX OF THESE ARE LOCATED IN KERALA
The demand, Moopen believes, has been amplified by government initiatives like the Pradhan Mantri Jan Arogya Yojana (PM-JAY), a national health insurance scheme, and various health schemes of states, covering individuals across income groups. “People are increasingly seeking high-quality tertiary and quaternary care closer to home and are willing to pay for it, either in cash or through insurance,” Moopen says.
Esta historia es de la edición January 07, 2024 de Business Today India.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición January 07, 2024 de Business Today India.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
"Inaction is worse than mistakes"
What was the problem you were grappling with?
TEEING OFF WITH TITANS
BUSINESS TODAY GOLF RESUMES ITS STORIED JOURNEY WITH THE 2024-25 SEASON OPENER IN DELHI-NCR. THERE ARE SIX MORE CITIES TO COME
AI FOOT FORWARD
THE WHO'S WHO OF THE AI WORLD GATHERED AT THE TAJ MAHAL PALACE IN MUMBAI TO DELIBERATE THE TRANSFORMATIVE IMPACT OF AI ON INNOVATION, INDUSTRIES, AND EVERYDAY LIFE.
Decolonising the Walls
ART START-UP MAAZI MERCHANT IS ON A MISSION TO BRING INDIA'S FORGOTTEN ART BACK HOME
"I'm bringing Kotak under one narrative, one strategy, one umbrella”
Ashok Vaswani is a global banker who spent most of his career overseas at institutions like Citi Group and Barclays, among others.
CHOOSING THE CHAMPIONS
The insights and methodology behind the BT-KPMG India's Best Banks and NBFCs Survey 2023-24.
'INDIA IS AT AN EXTREMELY SWEET SPOT'
The jury members of the BT-KPMG Survey of India's Best Banks and NBFCs discuss developments in the banking sector and more
FROM CRISIS TO TRIUMPH
Dinesh Kumar Khara stewarded SBI through multiple challenges during his tenure, while ensuring that profits tripled, productivity soared, and the bank consolidated its global standing
AT A CROSSROADS
BANKS ARE FACING CHALLENGES ON BOTH SIDES OF THE BALANCE SHEET-ASSETS AS WELL AS LIABILITIES-WHICH ARE PUTTING PRESSURE ON MARGINS.
EXPANSIVE VISION
Bajaj Finance, an outlier in terms of digitisation, faces stiff competition. But it continues to expand its reach