IHH Strengthens India Presence Through Fortis-Gleneagles Collaboration

KUALA LUMPUR, July 23 (Bernama) -- IHH Healthcare Bhd (IHH) has announced a strategic collaboration between its two Indian subsidiaries, Fortis Healthcare Ltd and Gleneagles Healthcare India Pvt Ltd, aimed at strengthening operational and financial synergies in the country.

In a filing with Bursa Malaysia today, the group said the move involves an operation and maintenance services agreement under which Fortis will manage five out of six hospitals currently operated by Gleneagles India.

“This is a significant step towards strengthening IHH’s pan-India healthcare platform with enhanced operational scale, clinical excellence, and geographical reach, while retaining their respective talent pool and autonomy in financial management.

“It brings together complementary capabilities under a shared commitment to delivering high-quality, patient-centric care, while unlocking operational and financial synergies across both networks,” it said. 

IHH added that the agreement remains conditional upon the acceptance and acknowledgement of relevant parties.

Group chief executive officer, Dr Prem Kumar Nair, said the collaboration reflects the group’s long-term growth commitment in one of its key markets.

“With our shared commitment and complementary strengths, we are creating a comprehensive pan-India hospital network to meet the evolving healthcare needs of millions across the country,” he said. 

Headquartered in Kuala Lumpur, IHH operates a network of hospitals and healthcare services across multiple countries, including Malaysia, Singapore, Türkiye, India, and Greater China.

-- BERNAMA