Bajaj Group Plans to Enter the Healthcare Sector

Bajaj Group plans to take a step in the healthcare sector by setting hospitals in metros across the India. This will be the first main modification for the  house since the death of Rahul Bajaj in 2022.The investment plans for the new venture are yet to be confirmed. Instead of invest a large amount in one shot, the group is likely to invest in phases based on milestones that the business achieves 

"There couldn't have been a better sector for them to get into," said Kavil Ramachandran, professor of entrepreneurship and family business at the Indian School of Business. "Besides being a growth business, it aligns with the group's values of service orientation and trusteeship”.
The group is known for quality, a critical factor in healthcare, and the Bajaj brand reflects the organisation's values, he added.

The Hospitals will have 10-23% beds in Delhi, Hyderabad, Bengaluru, Kolkata, Chennai and Mumbai, compared with 21-52% at public hospitals and 10-62% at standalone facilities, according to a research report released last month. The Bajaj Group planned to get into the sector because of the increasing corporatization of healthcare and high growth in the metros in the country.

 Bajaj Holdings and Investments (group investment company), Bajaj Auto (2 & 3-wheelers), Bajaj Finserv (financial services, insurance), Mukand Industries (specialty steel, industrials), Bajaj Electricals (consumer appliances) and Hercules Hoist (material handling) are the  group's main units.