Ahmedabad: After corporate heavyweights Zydus and the Adani Group, power and pharma major Torrent Group has made a decisive entry into the fast-growing hospital business. Torrent Hospitals Private Limited, a group subsidiary, will set up a 500 plus- bed multispecialty hospital along the SP Ring Road with an investment of over Rs 750 crore, according to project filings.
Promoted by the Torrent Group, the hospital will come up on a 13,896 sq metre land parcel with a proposed built-up area of 95,814 sq metres, placing it among Ahmedabad’s larger private healthcare developments. Once operational, the facility is expected to generate at least 2,400 jobs, according to company submissions.
The land for the project was acquired for Rs 247 crore from Safal Constructions India Private Limited in mid-2025.
Torrent’s foray into core hospital services builds on its earlier healthcare push. The group announced its diagnostics venture in 2022 through Torrent Diagnostics Private Limited, and the hospital project marks a strategic move towards offering end-to-end healthcare solutions spanning pharma, diagnostics and tertiary care.
The project is currently at an advanced approval stage, with statutory and zoning clearances in progress.
Torrent’s hospital entry comes amid a sharp post-Covid expansion in hospital bed capacity across Ahmedabad, driven by corporate hospitals and large-scale acquisitions or expansions. In 2021, CIMS Hospital was acquired by Marengo Asia Healthcare in a Rs 450 crore deal. Earlier this year, HCG Hospitals expanded its cancer care centre in the city into a 217-bed facility.
Torrent’s investment also aligns with a broader wave of big-ticket healthcare bets by Gujarat-based business houses in Ahmedabad and Gandhinagar. In Feb 2025, the Adani Group announced plans to build an advanced multispecialty hospital in Ahmedabad. Meanwhile, Zydus Hospitals, which already operates a multispecialty facility on SG Road, is planning a 290-bed hospital in the Ghodasar area at an estimated cost of Rs 105 crore, on the site of its erstwhile manufacturing plant.
Industry experts attribute the rising demand for large multispecialty hospitals to higher health insurance penetration, rising disposable incomes, and a growing preference for comprehensive, multidisciplinary care under one roof.
