The expansion involves addition of 1,000 hospital beds across two multispecialty hospitals and a small boutique hospital, a top official said.
“We are running our existing hospital at full capacity, so we decided to expand,” Yuichi Nagano, managing director of Sakra World Hospital, told ET in an interview.
Sakra currently operates a 307-bed multispecialty hospital at Marathahalli.
It will begin construction of its second greenfield multispecialty hospital with 500 beds at Banaswadi, Bengaluru North, at an estimated cost of ₹1,000 crore. This facility, with a built-up area of 600,000 square feet, is expected to be completed by the end of 2026 and begin operations in early 2027.
The proposed hospital will have facilities to treat cancer patients, Nagano said. The boutique hospital with 50 beds is coming up at HSR Layout, Bengaluru, and is expected to begin operations this year.Within five years, the company is also looking to set up its third major hospital of 300-400 beds in Bengaluru, for which it still has to finalise the location.”We have two investors… Both are cash rich companies and will be funding the expansion,” Nagano said.
Sakra is operated by Takshasila Hospitals Operating Pvt Ltd, a joint venture (JV) between Secom Medical System, a group company of Secom, and Toyota Tsusho, trading arm of Toyota Group.
Secom owns 60% in the JV, while Toyota Tsusho owns the remaining.
The company opened its first hospital in 2014 as the first Japanese foreign direct investment (FDI) into the Indian hospital sector.
The existing hospital clocked ₹500 crore revenue in 2023.
Nagano said Sakra would focus on the Bengaluru market as there are still areas not covered by medical services.
While India is a growing market led by a rise in middle class residents due to economic growth, it has insufficient world class medical infrastructure, he said. On the contrary, Japan is a shrinking market, he added.Nagano said Sakra has introduced the Japanese business philosophy Kaizen that seeks to continuously improve patient safety and operational excellence at its hospital. It is also bringing Japanese hospitality, design and aesthetics to its hospitals to improve overall patient satisfaction, he said.
