Park Group is developing a 550-bed hospital in Prayagraj, investing ~INR 200 Cr. This 2-year project aims to boost capacity and serve North India's growing healthcare needs.
Park Medi World has launched 'The Medicity Hospital, Rudrapur', a 330-bed facility. This marks a strategic expansion into Uttarakhand, growing their network to 17 hospitals and approximately 4,300 beds in North India.
Park Medi World is adding 100 beds at its Gurugram hospital, Park Hospital Platinum, by November 2026. This ₹25 Cr expansion aims to enhance super-specialty care and patient experience, increasing Gurugram capacity to 750 beds.
Park Medi World's subsidiary divested its 55% stake in Devina Derma for ₹0.06 Cr. This strategic exit, prompted by unmet conditions by sellers, aims to streamline operations and focus on core priorities. Devina Derma contributed minimal turnover (₹0.45 Cr) and had negative net worth.
Park Hospitals launched its new advanced multi-super specialty hospital in Panchkula. This expansion, combined with Mohali's growth, enhances healthcare access across the Tricity region, aiming for a total of 850 beds in the area.
