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Cayman to Singapore Gain as Rules Stump Clinics: Corporate India

Prathap C. Reddy, the cardiologist who built a hospital chain valued at $2 billion over three decades in India, says he’s seeking growth overseas as the nation’s visa policies drive medical tourists to rivals.

Apollo Hospitals Enterprise Ltd. is considering hospitals in Indonesia, Cambodia and Tanzania, Reddy said in an interview at his Chennai office. Growth in the number of visitors seeking treatment for heart ailments, cancer and orthopedic surgery is falling short of Reddy’s estimates as India’s special visa for patients forces them to visit an immigration office, he said.