Is Adani also making a major foray into healthcare?

If there is any big business opportunity in the market, the Adani group cannot be too far behind. It is lining up a war chest of $4 billion for investing in healthcare. While granular details are not available, Adani may look at buying hospitals, diagnostic chains and even digital pharmacies. That is where Tatas and Reliance already have a presence.

Some of the key reasons for the big opportunity in healthcare are low beds per 1000 and rising number of 60+ persons with lifestyle diseases. Reliance acquired majority stake in NetMeds while Tata Digital picked up a majority stake in 1MG.