Having spent almost $1 billion in the last two years buying up assets in healthcare and other sectors around the world, he said he was already scouting for new targets.

The attraction is clear— with a population of more than 1.1 billion, most with no access to formal healthcare, India represents one of the fastest-growing healthcare markets. And the country’s relatively low costs are increasingly attracting medical tourism patients from abroad.

“There’s a good amount of opportunity for the business to be transferred from patients migrating from other countries to India for treatment,” said Ranjit Kapadia, an analyst at HDFC Securities in Mumbai.

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