Fortis Acquires People Tree Hospital in Bengaluru for ₹430 Cr, Plans Major Expansion

• Fortis Healthcare acquires 125-bedded People Tree Hospital in Yeshwanthpur, Bengaluru, via 100% acquisition of TMI Healthcare Pvt. Ltd.
• The acquisition, including hospital building, land, and an adjacent parcel, totals ₹430 crore, covering TMI Healthcare's debt.
• Fortis plans an additional ₹410 crore investment over three years to expand infrastructure, add 300+ beds, and enhance clinical programs.
• The move strengthens Fortis's presence in Bengaluru, increasing potential bed capacity from 900 to over 1,500 across its seven facilities.
• People Tree Hospital is NABH-accredited, offering key specialties like cardiac sciences, orthopedics, and neuro sciences.

Why It Matters: Fortis expands significantly in Bengaluru by acquiring People Tree Hospital for ₹430 Cr, with plans for ₹410 Cr investment.