Ambuja Neotia Group to Invest INR 2,000 Cr in Expanding Hospital Network Across East India
The expansion includes a new hospital in Guwahati and a pediatric multi-specialty unit in Kolkata, both slated to open in the coming months.
Ambuja Neotia Group, a prominent Kolkata-based conglomerate, is set to invest nearly INR 2,000 Cr to expand its healthcare footprint across East India.
Reportedly, the initiative will speciafically target underserved regions with new multi-specialty hospitals and mother-childcare centers.
“We see significant growth potential in East India, which remains under-served compared to other parts of the country,” said Parthiv Neotia, Executive Director, Ambuja Neotia Healthcare Venture.
Ambuja's Expansion Map
The expansion, funded through a mix of internal accruals and debt, marks a significant push to increase the group’s hospital bed capacity from 500 to over 2,000 in the next three to four years.
Of the seven new projects, three will follow an asset-light model, where landowners will fund the construction while the group leases the properties for 30 years, optimizing capital expenditure.
The expansion includes a new hospital in Guwahati and a pediatric multi-specialty unit in Kolkata, both slated to open in the coming months. Additionally, a 1,100-bed multi-specialty facility is under development in Kolkata, featuring 800-bed and 300-bed units, as reported by Moneycontrol.
Currently, the group operates a 250-bed multi-specialty hospital in Siliguri and two mother-childcare centers of around 100-120 beds each in Kolkata. The Siliguri hospital caters to patients from North Bengal, Northeast India, Bhutan, Nepal, and Bangladesh.
While major national hospital chains like Manipal and Narayana Health have increased their presence in East India, Ambuja Neotia aims to become the largest network in mother-and-child healthcare in the region. Moreover, the company also plans to focus on medical tourism, serving patients from Bihar, Jharkhand, Odisha, and the Northeast, positioning Kolkata as a hub for advanced medical care.
With its healthcare division already profitable and EBITDA margins comparable to listed peers, the group projects its revenue to reach INR 2,000 Cr over the next five years.
Although equity fundraising is not in immediate plans, Neotia hinted at potential future capital infusion for strategic acquisitions.
"With a structured rollout and a sharp focus on operational efficiency, we aim to redefine healthcare infrastructure in East India," Neotia added, highlighting the group's commitment to contributing to Bengal's economic and social growth.
