Baptism by fire

Updated: Jan 1 2006, 08:00am hrs
For Shivinder Mohan Singh, joint managing director of Fortis Healthcare and younger son of the late Dr Parvinder Singh of Ranbaxy Laboratories, the recent acquisition of Escorts Heart Institute and Research Centre (EHIRC) for Rs 585 crore was a refreshing turning point in career.

With the task of building a healthcare brand from scratch, which he embarked on five years back, Singhs initial years were testing, with Fortis making slow progress in its formative years.

With the acquisition of EHIRC, Fortis today has 10 operating hospitals. Singh is now dreaming of 25 hospitals in three years. Fortis is evaluating the options of an IPO. Fortis also has plans to enter the overseas heathcare markets by setting up hospitals in the Middle East and the UK. An alumnus of the Doon School and graduate in Mathematics from St. Stephens College, Delhi, Singh is an MBA with specialisation in health sector management from Duke University Business School, USA. Singh is known to have entered healthcare since he enjoyed the customer interface it gave. With a passion to create worlds best healthcare delivery companies based out of India, Singh has had his initiation by fire.

While big brother Malvinder is battling it out at Ranbaxy challenging MNCs on their turfs, Singh seems bent on making a strong footprint in the North, amidst all the competition that surrounds him. It is for him to prove his mettle in the North before moving into other parts of the country.