Indian private hospital network Fortis Healthcare has announced plans to make an investment of up to Rs13bn ($156m) to boost capacities at its existing hospitals over the next few years.

The healthcare provider plans to add approximately 2,200 beds to meet growing demand in India.

Fortis Healthcare chief financial officer Vivek Goyal said: “Some of the CAPEX (capital expenditures) has already been incurred in that. So, additional CAPEX will be somewhere around Rs12bn to Rs13bn, which include equipment also, everything put together.”

The expansion includes adding bed capacity at various facilities, such as hospitals in the Indian cities of Faridabad and Anandpur Sahib.

Goyal added: “In Faridabad, there is space available, and we have planned to further expand and add certain more facilities there.

"As regard to Anandpur, we have acquired a company with a different land parcel. So, we want to operationalise that also. So, post-expansion of these 100 beds, we will be adding maybe another 50 beds in the next financial year in that unit.”

At Shalimar Bagh, Fortis plans to build a new tower in the adjacent plot to add another 200-plus beds.

The Manesar facility is anticipated to commence operations with 100 beds by the second quarter of this financial year.

Fortis is also adding 100 beds to a two-floor facility in Kolkata, which has obtained all necessary approvals.

For the BG Road facility in Bengaluru, the healthcare provider is awaiting an occupancy certificate (OC) by the end of the second quarter of this fiscal.

In April this year, Fortis Healthcare opened a new multi-speciality tertiary care hospital in Nagarbhavi, Bengaluru. During the same month, it also ‘Adayu Mindfulness’ platform dedicated to providing holistic mental healthcare support.  

Currently, Fortis operates more than 4,500 beds across 28 hospitals in India.