Fortis Healthcare and Dion Group to launch 300-bed multi-specialty hospital in Odisha
Hospitals

Fortis Healthcare and Dion Group to launch 300-bed multi-specialty hospital in Odisha

The agreement marks Fortis' first major presence in the state, bringing advanced tertiary care, specialised clinical services and cutting-edge medical technology to the Cuttack-Bhubaneswar corridor

  • By IPP Bureau | July 06, 2026

Fortis Healthcare has signed an Operations and Management (O&M) agreement with Dion Group to establish a 300-bed greenfield multi-specialty hospital at Dion Riverside Township in Trishulia, Cuttack, marking the healthcare provider's first major foray into Odisha.

The upcoming hospital, strategically located along the rapidly developing Cuttack-Bhubaneswar corridor, is expected to emerge as a key tertiary care destination for Odisha and neighbouring states. 

The facility will offer comprehensive tertiary and quaternary care services supported by advanced diagnostics, critical care infrastructure, and specialised clinical programmes.

Dion Group, one of Odisha's leading real estate and infrastructure developers headquartered in Bhubaneswar, has built a strong presence through residential, commercial, and integrated township projects and is now expanding into healthcare infrastructure.

The partnership aligns with Fortis Healthcare's strategy to strengthen its national footprint through a combination of brownfield expansion, inorganic growth, and asset-light models, including operations and management agreements.

Dr. Ashutosh Raghuvanshi, Managing Director & CEO, Fortis Healthcare, said, "We are delighted to partner with Dion Group for this important healthcare project in Odisha. The upcoming 300-bed multi-specialty hospital will play a significant role in improving access to advanced tertiary care services for patients across Cuttack, Bhubaneswar, and neighbouring regions.”

“This collaboration represents an important milestone in Fortis Healthcare's growth journey and reflects our continued commitment to expanding high-quality healthcare infrastructure across India. We look forward to bringing Fortis' clinical excellence, patient-centric care, and operational expertise to Odisha,” added Dr. Raghuvanshi.

Manoj Sahoo, Promoter, Dion Group, said, “At Dion Group, our vision has always been to create integrated communities supported by world-class infrastructure and services. We are pleased to partner with Fortis Healthcare to bring a world-class multi-specialty hospital to Odisha.”

“By combining Fortis' proven clinical and operational expertise with our vision, this project will help address the growing demand for advanced healthcare services and provide patients with access to quality medical care closer to home," he said.

 

Other Related stories

Startup

Digitization