Apollo Hospitals Planning Buyouts to Boost North India Footprint

Apollo Hospitals Enterprise Ltd., India’s largest health care provider by number of beds, is scouting for acquisitions to capitalize on a surge in demand for high-end medical care in the world’s most-populous nation, its top executive said.

The Chennai-based company is looking to grow across India’s urban centers through acquisitions as well as starting projects from ground-up in northern India as well as in the state of Karnataka, and cities such as Kolkata, Hyderabad, and Mumbai, its Managing Director Suneeta Reddy said in an interview this week.

Suneeta Reddy, managing director of Apollo Hospitals Enterprises Ltd.

Photographer: Dhiraj Singh/Bloomberg

“There is a huge requirement for additional beds,” she said, estimating ...