Online BusinessHinduja Grp to invest Rs 350 cr in capacity expansion
The Hinduja Group will invest up to Rs 350 crore in increasing capacity of its hospital in Mumbai by 350 beds in the next four years through expansion of existing facility and setting up of a new unit.
- Technical textile consumptions to cross Rs 2,200 cr by 2013 - Obama approval rating drops to a new low of 52% - $1.2 bn grant for electronic health records: Biden - Apollo Hospitals opens facility in Mauritius - Gulf Oil & ENIL's Q1 result - Ashok Leyland"s Pantnagar plant to be ready by March next
The group is setting up a greenfield hospital in Mumbai with a capacity of 100 beds at an investment of Rs 150 crore and is also expanding the existing hospital P D Hinduja National Hospital & Medical Research Center.
"We will be adding another 350 beds in the next four years, which will require an investment of around Rs 350 crore," P D Hinduja National Hospital & Medical Research Center (HNHMRC) Chief Executive Officer Pramod H Lele said on the sidelines of the FICCI health summit here.
The group is expanding the HNHMRC facility to add another 250 beds, he said.
On the greenfield hospital, Lele said construction work has already been started and it would be operational by April next year.