Global Health Ltd (Medanta), one of the largest private multi-specialty tertiary care providers in North and East India, has entered into a built-to-suit and lease arrangement with Shripal Hospitality and others to establish a 400-bed super speciality hospital in Varanasi with an investment of ₹550 crore.
Under the arrangement, the partner will develop the civil infrastructure in line with Medanta’s specifications, while Medanta will invest in interiors, fit-outs and medical equipment.
Currently, Medanta Hospitals are operating in Gurugram, Indore, Ranchi, Lucknow, Patna and Noida. The new hospital is expected to be ready within four years
Strategic expansion in Uttar Pradesh
The proposed hospital will be developed on a strategically located freehold land parcel in central Varanasi and is expected to cater to a population of over 4 million in the city and surrounding regions.
The facility will offer advanced clinical care through a combination of specialised medical expertise, modern technology and a comprehensive multi-specialty portfolio.
Strengthening regional footprint
The expansion underscores Medanta’s continued focus on strengthening its presence in Uttar Pradesh, following its 950-bed flagship hospital in Lucknow and the recently inaugurated 550-bed facility in Noida.
“This expansion reflects Medanta’s commitment to enhancing access to advanced healthcare in a densely populated region, while delivering high-quality, patient-centric care with compassion,” Medanta, Chairman and Managing Director, Naresh Trehan said.
Addressing healthcare gaps
Varanasi remains an underserved market for quality tertiary healthcare, with most existing facilities operating at a relatively smaller scale.
“Varanasi represents a significantly underserved market for quality healthcare within the state. Despite its dense population, the city currently faces a gap in access to high-quality tertiary care, with a majority of existing facilities operating at a relatively smaller scale of 50–150 beds. Consequently, patients often need to travel outside the city to access advanced and complex treatments,” said Medanta, Group Chief Executive Officer, Pankaj Sahni.
Medanta aims to address this gap by establishing a 400-bed super-specialty hospital, bringing best-in-class clinical expertise, advanced technology, and comprehensive care closer to the population it serves. Upon completion, this expansion will position Medanta among one of the largest private hospital networks in the state, with a capacity of approximately 1,900 beds,” Sahni said.