Aster DM healthcare eyes 25 percent of total revenues from india operations

Aster DM Healthcare is eyeing 25 percent of its total revenues from India operations in the next 3–5 years as it undertakes a slew of initiatives to scale up its business in the country. The Dubai-headquartered firm operates 13 hospitals and eight clinics in India.

Aster DM Healthcare posted Rs 7963 crore in revenue from operations for the fiscal year 2019. Around 85 percent of this was from GCC countries and 15 percent from India operations. The company plans to increase the capacity utilization of its facilities in India from the current 60 percent to up to 75 percent, which is optimum. It will make significant improvements in the revenues.

Apart from this, the company already has announced plans to open two hospitals in Bengaluru, which together will add around 1000 beds. Besides, the upcoming hospital in Chennai will add another 500 beds.

In addition to this, the company is also entering into the diagnostics segment in India.