Mumbai, Feb. 1 -- Shares of hospital companies traded higher after Finance Minister Nirmala Sitharaman, in the Union Budget, proposed a scheme to support states in setting up five regional medical hubs, aimed at positioning India as a global hub for medical tourism services.
Max Healthcare Institute (up 3.45%), Narayana Hrudayalaya (up 1.50%), and Apollo Hospitals Enterprise (up 1.15%) edged higher.
The proposed hubs, to be developed in partnership with the private sector, will function as integrated healthcare complexes combining medical, education, and research facilities. These will include AYUSH centres, medical-value tourism facilitation centres, and infrastructure for diagnostics, post-treatment care, and rehabilitation.
The initia...