Fortis Healthcare to Buy People Tree Hospital in Bengaluru for ₹4.3 Billion

Post by : Saif Nasser

Fortis Healthcare, one of India’s leading hospital chains, has announced plans to acquire People Tree Hospital in Bengaluru for 4.3 billion rupees. The move is part of the company’s wider strategy to expand its footprint in South India and strengthen its healthcare services in major urban centres.

The hospital being acquired is located in Yeshwantpur, a key area in northwestern Bengaluru. The deal will be carried out through Fortis’ wholly owned subsidiary, International Hospital, which will buy 100% of TMI Healthcare, the company that runs People Tree Hospital.

In addition to the purchase price, Fortis said it plans to invest around 4.1 billion rupees more in the hospital over the next three years. This money will be used to upgrade facilities, add capacity, and improve medical services.

According to Fortis, the acquisition will help the company grow its revenue and profitability while strengthening its existing operations in Bengaluru. The city is one of India’s fastest-growing healthcare markets, with rising demand for quality hospitals due to population growth and increased access to private healthcare.

People Tree Hospital is a well-known multi-specialty facility in Bengaluru. By bringing it under the Fortis network, the company aims to improve clinical standards, expand specialized services, and attract more patients.

Fortis Healthcare is partly owned by Malaysia-based IHH Healthcare, one of the world’s largest healthcare groups. In India, Fortis currently operates 33 healthcare facilities with more than 5,700 beds across 11 states.

The company has been actively expanding in recent years. Earlier, Fortis’ Chief Executive Officer Ashutosh Raghuvanshi said the group plans to invest about 7 billion rupees over the next four years to expand its hospitals. The focus areas include Bengaluru, Mumbai, the National Capital Region, and Punjab.

Industry experts say consolidation in the healthcare sector is increasing as large hospital chains look to grow quickly by acquiring established facilities rather than building new ones from scratch. Such deals can help improve efficiency, standardize care, and bring advanced medical technology to more patients.

For patients in Bengaluru, the Fortis acquisition could mean better access to specialized treatments and upgraded infrastructure. For Fortis, the deal strengthens its position in a competitive market and supports its long-term growth plans.

As demand for private healthcare continues to rise in India, especially in large cities, Fortis’ latest move shows its intent to remain a major player in the country’s healthcare landscape.