Adani Group, which handles diverse businesses, is now engaging with foreign banks and global private equity investors to chalk out plans in the healthcare business.
Sources privy to the ongoing talks with companies said that Gautam Adani, Chairman of the Adani Group, is in talks with global majors in the healthcare sector for a joint industry or alliance for the Indian market and an announcement may be made soon. The company is also planning to invest up to $4 billion for this. However, there has been no announcement from the company yet. “
The focus is on health services. The government has announced several policy initiatives, including product-linked incentives in order to attract investments in the healthcare sector. Plans are underway to promote domestic manufacturing of pharmaceuticals and medical devices. The home healthcare sector, especially the online pharmacy sector, has seen a significant increase in mergers and acquisitions over the past two years.
Read more: Vibes of India
