Max Phase II

completed

The proposed project is an expansion of Max Healthcare Institute and its network of hospitals (Max Healthcare or the company), one of the fastest growing healthcare providers in India. The company currently operates five hospitals (575 beds) primarily in the North Capital Region (NCR), which includes New Delhi and its approximate surroundings. Based on the strong demand for privately provided healthcare in India and particularly in Delhi, the company has plans to expand its presence to about 1200 beds by 2013. IFC’s investment would assist Max Healthcare implement its expansion strategy over the next two to four years. The proposed project includes: - a 268 bed addition to Patparganj hospital, bringing total bed size to 414; - new 100 bed secondary/multi-specialty hospital in Dehradun, located 250km north of Delhi; - new 84 bed tertiary expansion (focused on obstetrics, gynecology, and pediatrics) at Saket in South Delhi; and - Max Hospital -Gurgaon (new 100 bed facility).