Navneet Bali’s colleagues call him Commander Bali. A doctor by training and Narayana Hrudayalaya’s (NH) director of India’s northern region, he has a calm, almost zen-like demeanour. He attributes it to over three decades of service in the Indian Navy. In a matter-of-fact tone, he gets straight to the point. In March, NH commissioned a hospital in Gurugram, Haryana. It will be the group’s 24th hospital in the country. It could also be the last hospital that the group acquires or builds in India. At least for the next couple of years.
For one of India’s largest corporate hospital chains to stop expanding its reach in a country crying out for more healthcare is strange.
brain drain 2.0
Why Narayana Health and other hospitals are looking for greener pastures abroad
Is the grass really greener on the other side? Fortis’ experience says no, but today's large hospital chains think otherwise
Narayana Hrudayalaya has decided to expand abroad rather than in India over the coming years
NH isn’t alone. Price control and other regulations have left Indian hospitals looking overseas for succour
With medical tourism becoming increasingly unsustainable, hospitals are forced to go abroad to cater to foreign demand
But setting up overseas is far from simple. Will Indian hospitals be able to crack foreign markets?