Indian Hospitals and Private Equity: Healthy for Patients?

If healthcare is so lucrative that global private equity firms are willing to write cheques of Rs 13,000–14,000 crore for a single mid-sized Indian hospital chain, why is the Indian government still reluctant to invest at scale? Public health expenditure in India remains stubbornly low — around 1.4–1.8 per cent of GDP in recent National…