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Saturday, March 28, 2026 2:59 PM

Medanta to Invest ₹550 Crore in 400-Bed Multi-Specialty Hospital in Varanasi

ArdorComm Media News Network

Medanta has announced plans to establish a 400-bed multi-specialty hospital in Varanasi, marking a significant expansion of its healthcare footprint in Uttar Pradesh.

The upcoming facility will be developed under a built-to-suit lease agreement with Shripal Hospitality and its associates. While the partner will handle the construction of the hospital’s civil infrastructure according to Medanta’s standards, the hospital chain will invest approximately ₹550 crore towards medical equipment, interiors, and fit-outs.

This new project is expected to further strengthen Medanta’s presence in the state. The group already operates a 950-bed flagship hospital in Lucknow and recently launched a 550-bed facility in Noida. With the addition of the Varanasi hospital, Medanta’s total bed capacity in Uttar Pradesh will increase to around 1,900.

Commenting on the development, Dr. Naresh Trehan, Chairman and Managing Director of Medanta, stated that the expansion reflects the organisation’s commitment to improving access to advanced and patient-centric healthcare in densely populated regions.

Echoing this, Pankaj Sahni, Group CEO of Medanta, highlighted that Varanasi remains an underserved market in terms of quality tertiary healthcare. He noted that most existing hospitals in the city operate at a smaller capacity of 50–150 beds, often forcing patients to travel to other cities for specialised and complex treatments.

Source: Economic Times