IHHC plans to capture 40 percent market share

Hyderabad: India Home Health Care (IHHC), a Chennai-based service provider aims to capture 40 per cent market share of the overall $3 billion worth home healthcare market in India, by 2020. And to achieve this, the company plans to open three more offices in South India apart from the ones already existing in Chennai, Bengaluru, Pune and now in Hyderabad.

“Home healthcare industry in India is growing at a rate of 20 per cent yoy. And with our association with US-based BAYADA home healthcare, which holds 26 per cent stake in our company, we plan to expand to three more cities Vishakapatnam, Coimbatore and Mysore. We also aim to capture atleast 40 per cent market share,” said V. Thiyagarajan, co-founder and MD of IHHC.