NEW DELHI, India: After opening 12 new clinics in a single day, Clove Dental, India’s largest dental chain, has attained an even more impressive milestone. On 3 May, it opened its 500th clinic in the country. The significant achievement crowns a period of sustained growth fuelled by foreign capital investment.
Speaking on this recent triumph in the company's press release, founder and CEO Amarinder Singh stated, “Over the past 13 years, we have taken dental care to newer heights by opening clinics in almost 26 cities across the country. Our 500th clinic is a testament to our motto of providing quality dental care, adhering to global standards, and making India excel in this vertical with the best of technology and experts.”
Commenting on the factors underlying the company’s success, Dr Vimal Arora, Clove Dental’s chief clinical officer, explained in the same press release that “with a focus on building technology in-house, along with robust training of doctors and dental assistants, Clove Dental clinics have set outstanding benchmarks. Our unique standardised processes of peer-to-peer reviews, 10× safety protocols, four-step sterilisation and open-all-days-of-the-week policy have made Clove Dental the undisputed leader”.
The continued expansion of Clove comes on the back of a US$50.0 million (€45.5 million*) investment in its parent company, Global Dental Services, by the Qatar Investment Authority (QIA), in November last year. According to the QIA website, “The equity injection from QIA will unlock significant growth opportunities for the group as it seeks to expand across India, ensuring that more Indians have access to reliable, high-quality, and affordable dental care.”
In a country where it is estimated that half of adults suffer from periodontal disease and where there is a widespread lack of awareness about the importance of oral health, Clove’s expansion is not only a significant accomplishment for the company but also stands to contribute importantly to overall health standards across the country.
Last year, Dental Tribune India reported on the rise of Clove to become a major provider in the Indian dental care market. In that interview, Singh outlined his company’s vision to establish 1,000 clinics in the next five years, indicating that there is likely much more to come from Clove.
Editorial note:
*Value given by the OANDA platform for the last day of November 2023.
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