UK-based private equity firm Bluewater International Investment Ltd plans to invest Rs 500 crore in India to tap the lucrative healthcare sector by setting up a multi-speciality hospital with a medical training centre. The company, which has already lined up multi-million dollar investments in India's real estate space, is also contemplating tie-ups with various foreign and domestic varsities for accreditation of its proposed medical training centre. “Indian healthcare sector has seen an exponential growth in the past couple of years and a lot of PE funds are eyeing the sector for their investments. Instead of investing in a running firm, we are planning to foray into the sector on our own with a planned expenditure of Rs 500 crore,” Bluewater Investments Chairman and Managing Director Ved Goswami said. He said the firm plans to set up a multi-speciality medical facility in India with equity participation from global healthcare professionals. “Though Bluewater would hold a majority stake in the venture, we would seek equity participation from various international medicine practitioners also. We also want to set up a medical training institute for which we are in the process of tying up with domestic and foreign medical schools,” he said. […]