India Needs Doctors, Nurses, and Health Insurance

Indian healthcare lags the Chinese
Photograph by Prashanth Vishwanathan/Bloomberg

As he tries to transform his Indian hospital company into an Asian regional health-care business, Malvinder Mohan Singh should have a natural advantage: low-cost Indian talent. Singh is chairman of Fortis Healthcare, the New Delhi-based company with a collection of medical-related businesses around the region, such as primary care clinics in Hong Kong and dental centers in Australia. On May 29, the company said it hopes to raise as much as $360 million through a Singapore listing of its regional operations.

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