Apollo Hospitals eyes Iraq, Tanzania, Indonesia for global expansion
Chennai: Apollo Hospitals is expanding its international footprint, with Iraq, Tanzania, and Indonesia providing opportunities for operating and managing healthcare facilities through partnerships and asset-light models.The Chennai-based healthcare major is exploring collaborations spanning hospital management, capacity building, digital technologies, artificial intelligence (AI), and outpatient care. The move follows its agreement signed in September last year with Iraq's ministry of interior to manage and operate the Internal Security Force Hospital in Baghdad.
"We are engaging much more meaningfully in everything from workforce augmentation to local capacity building. We are building a hospital in partnership in Iraq, exploring partnerships in Tanzania, and progressing with a hospital project in Indonesia," said Madhu Sasidhar, president & CEO, Apollo Hospitals, told TOI on Tuesday.He added that the company is also focusing on technology transfer, including digital platforms, AI, teleconsulting, and telehealth. Discussions in Tanzania are currently at an early stage, with potential plans to establish outpatient clinics. Apollo Hospitals receives a sizable number of international patients from across the globe, particularly from Mauritius, Maldives, Iraq, Middle East, Bangladesh and Southeast Asia. Its group CFO Krishnan Akhileswaran said they were looking at asset-light models outside India. "We give our expertise in running the hospital and making revenues out of that. We are not looking at any active capital allocation in these locations," he added. Meanwhile, Apollo Hospitals reported a 35% year-on-year increase in consolidated profit after tax (PAT) at Rs 502 crore for the quarter ended December 31, 2025, compared with Rs 372 crore in the same period last year. Consolidated revenue rose 17% to Rs 6,477 crore from Rs 5,527 crore a year earlier.
"We are engaging much more meaningfully in everything from workforce augmentation to local capacity building. We are building a hospital in partnership in Iraq, exploring partnerships in Tanzania, and progressing with a hospital project in Indonesia," said Madhu Sasidhar, president & CEO, Apollo Hospitals, told TOI on Tuesday.He added that the company is also focusing on technology transfer, including digital platforms, AI, teleconsulting, and telehealth. Discussions in Tanzania are currently at an early stage, with potential plans to establish outpatient clinics. Apollo Hospitals receives a sizable number of international patients from across the globe, particularly from Mauritius, Maldives, Iraq, Middle East, Bangladesh and Southeast Asia. Its group CFO Krishnan Akhileswaran said they were looking at asset-light models outside India. "We give our expertise in running the hospital and making revenues out of that. We are not looking at any active capital allocation in these locations," he added. Meanwhile, Apollo Hospitals reported a 35% year-on-year increase in consolidated profit after tax (PAT) at Rs 502 crore for the quarter ended December 31, 2025, compared with Rs 372 crore in the same period last year. Consolidated revenue rose 17% to Rs 6,477 crore from Rs 5,527 crore a year earlier.
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