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Healthcare Sector To Grow 15-18% As Pandemic Drives Investments: Quadria Capital’s Amit Varma

India’s healthcare sector needs $300 billion investments in upcoming years, Varma said.

A doctor stands in a makeshift ward at an emergency Covid-19 care center set up in the Shehnai Banquet Hall at the Lok Nayak Jai Prakash Hospital Annexe in New Delhi, India.
(Photographer T. Narayan/Bloomberg)
A doctor stands in a makeshift ward at an emergency Covid-19 care center set up in the Shehnai Banquet Hall at the Lok Nayak Jai Prakash Hospital Annexe in New Delhi, India. (Photographer T. Narayan/Bloomberg)

India's healthcare sector needs $300 billion investments in upcoming years as the pandemic has underscored the need to be prepared for unprecedented events, according to Amit Varma, a critical care physician turned private equity investor.

This awareness will drive more public and private funds into the sector in India, said Varma, a managing partner at Quadria Capital, a healthcare-focused private equity firm managing $2.2-billion assets. And he expects a growth of 15-18% for the sector.

"This pandemic crisis has taught the Indian populace and investors a lesson that investment in health is essential for the future unprecedented events," he said.

Quadria Capital's investment in healthcare system has is spread across delivery, active pharma ingredients, MedTech and consumables and retail healthcare system. Healthcare delivery and MedTech accounts for 35% equally, and the rest is in the other two categories.

"As India adapts digitisation, it is very important to take advantage of it to reach out to rural India for delivering healthcare services," Varma said. And that, he said, requires coordination between the public and private sectors.

Watch the full conversation here: