Fortis Healthcare Ltd may put in Rs 800-1,000 crore over a period of four years in setting up 27 hospitals across India, taking the total number to 40. The funds will be mobilized through internal accruals, proceeds from initial public offer (IPO) and by diluting and restructuring its subsidiaries. Fortis Healthcare Ltd is looking at setting up 10 health cities across India. Each of the proposed city will be spread over about 50 acres and is likely to attract an investment of Rs 500-600 crore.
The company has plans to increase the number of beds from 2,300 to 6,000-7,000 beds in the next four years after the expansion. The Ranbaxy-promoted company has acquired land to set up health cities in Gurgaon, Lucknow, Ahmedabad, Jammu and Mumbai. Besides, it has plans to set up two health cities each in Punjab and Rajasthan and one in Goa, Indore and Bhopal.
The company has plans to increase the number of beds from 2,300 to 6,000-7,000 beds in the next four years after the expansion. The Ranbaxy-promoted company has acquired land to set up health cities in Gurgaon, Lucknow, Ahmedabad, Jammu and Mumbai. Besides, it has plans to set up two health cities each in Punjab and Rajasthan and one in Goa, Indore and Bhopal.
No comments:
Post a Comment