Max Healthcare will invest $450 million over the next four years to increase its capacity in India

 India's second-largest hospital chain, Max Healthcare Institute Ltd., plans to invest $450 million over the next four years to expand capacity after the country's health-care system was swamped by the Covid-19 outbreak last year.

 
Abhay Soi, the company's chairman and managing director, said, "We are looking at increasing our capacity, and we are lucky to have land banks in our network" in cities like Mumbai and New Delhi. In the next two to three years, Max Healthcare will undergo "a massive asset creation cycle," he stated.
 
According to Soi, the investment will assist increase capacity at current hospitals as well as expand the firm's land holdings. He also stated that Max Healthcare will continue to focus on medical tourism.
 
The intentions come amid a string of virus outbreaks in the overcrowded country of over 1.4 billion people. In April and May of last year, a delta variant-driven tsunami inundated hospitals, leaving many Indians asking for medical help on social media channels.
 
According to Indian hospitals and the government, the country's health-care capacity has improved as a result of the painful experience, with many facilities building oxygen plants and learning to transition quickly between Covid medical care and non-Covid therapies during successive viral outbreaks.
 
The country added 238,018 new illnesses, bringing the total number of cases since the pandemic began to 37.6 million. According to government data, the number of deaths caused by Covid increased by 310 in a single day, bringing the total to 486,700.
 
Despite the fact that India was not seeing a large increase in hospitalisation as a result of the current omicron-led wave, medical facilities were all better prepared now, according to Soi. "We've all seen how far the envelope can be stretched."

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