05-Oct-15 India plans to set up two medical devices parks to facilitate the sector's growth, which is currently at a nascent stage. The government has identified 400 acres near Chennai and 100 acres at Hyderabad for the parks. The domestic market is worth $6.8 bn, but only one-third is locally manufactured. India also exports $1 billion of medical devices. [image: Business Standard]

04-Oct-15 Apollo Hospitals will open four more hospitals in India in the coming months, taking its total bed strength to over 10,000, Chairman C Prathap Reddy said. Stating that India needs 100,000 additional beds every year for next decade, he said there was need for new hospitals to meet the huge demand. [image: ET Healthworld]

02-Oct-15 Portea Medical, India’s largest medicalised homecare group has just expanded to Malaysia and is actively looking at other South East Asian markets, linking up to hospitals, labs and potentially insurers. “We do provide medical services in retirement communities, but we... want to remain focused on homecare, post-operative care and chronic disease management,” said CEO Meena Ganesh. [image: TechCrunch].

04-Oct-15 Cygnus Hospitals, which operates a chain of super speciality units in Delhi and Haryana, aims to add another 40 hospitals in north India in the next three years. The Delhi-based group currently has 10 hospitals in Delhi, Sonepat, Panipat, Karnal and Kurukshetra. [image: Cygnus Hospitals]

29-Sep-15 With International Hospitals Group’s support, Wanda Group will build, equip and commission a new 200 bed international standard hospital in Qingdao over the next three years. IHG will then operate the hospital under a 20 year lease until 2038. [image: PR Newswire]