India's Hospital Boom: More Beds, More Money, More Complexity

India's hospital sector is gearing up for a massive expansion, but investors should brace for a bumpy ride. Macquarie Capital warns that the heavy upfront spending required to add thousands of new beds could squeeze short-term returns, even as long-term demand remains strong. The firm's analyst points out a crucial nuance: while India has over two million hospital beds, only about 100,000 are in the high-end tertiary...