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The Economic Times

Economy / The Economic Times

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India's Manipal Health to spend $414.4 million to expand capacity

Manipal Health Enterprises plans to investRs 4,000 croreover the next 34 years to add2,400 hospital beds, expanding its capacity by over 18%, ahead of its IPO next week. The Temasek-backed hospital chain is also targeting a valuation of up to$8 billionand aims to becomenet debt-freeusing IPO proceeds.

24 Jul 2026 3:25 pm