Fortis Healthcare signs an operations-and-maintenance (O&M) agreement with Dion Group for a 300-bed hospital in Cuttack, Odisha, marking Fortis’s first major presence in the state and expanding its footprint in eastern India. Under the pact, Fortis is set to operate the hospital at the Dion Riverside Township, Trishulia, Cuttack. The project is reported to have an estimated cost of around ₹600 crore. Construction and development are expected to take about 3 to 3.5 years, after which the facility will begin operations. The agreements position Dion Group as the local project partner while Fortis brings hospital operations experience. Across the reports, the key details are consistent: the hospital capacity is 300 beds, the location is in Cuttack, and Fortis enters Odisha through the O&M arrangement with Dion Group. The reports do not provide additional terms such as revenue sharing or a specific start date for service, but they collectively describe the deal as a step in Fortis’s broader regional expansion strategy.