Park Medi World Limited is acquiring The Medicity Hospital in Rudrapur for ~₹177 Cr.

This move expands Park Group's footprint into Uttarakhand, marking its entry into a sixth state.

The acquisition aims to boost operational synergies and achieve economies of scale by leveraging assets in underserved markets.

The Medicity Hospital, a 330-bed multi-super specialty facility, is expected to strengthen Park Group's financial performance and contribute to its goal of building a dominant healthcare network in North India.