IHH plans to raise Fortis stake to 51% over four years to tap India's growing healthcare demand
IHH Healthcare plans to increase its stake in India's Fortis Healthcare from 31.17% to 51% over the next four years. The move is driven by surging demand for quality healthcare in India, fueled by an ageing population and rising chronic diseases. IHH's group chief corporate officer stated the company is comfortable with Fortis remaining listed.