Business Daily from THE HINDU group of publications Sunday, Aug 05, 2007 ePaper |
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Corporate
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New Projects Apollo building 3 hospitals in Mumbai at Rs 600 cr
Ms Preetha Reddy, MD
Our Bureau Chennai, Aug. 4 Three hospitals in Mumbai — for which a sum of Rs 600 crore has been earmarked even while investment estimates are being drawn up — are among the clutch of hospitals that Apollo Hospitals Enterprise Ltd is building across the country. The three hospitals will come under a separate company called Western Hospitals, which is a joint venture of the Apollo group and a subsidiary of the JP Morgan group, the Apollo Hospitals’ Managing Director, Ms Preetha Reddy, told journalists here on Saturday. Project lined
Among the other projects is a 200-bed orthopaedic hospital coming up in North Chennai at a cost of Rs 110 crore, and hospitals in Ahmedabad, Bhubaneshwar, Nashik, and Visakhapatnam, Ms Reddy said. In addition, the company is creating training facilities for nurses at Chennai and Madurai. At present, Apollo Hospitals has about 8,000 beds under its management. This should rise to 10,000 beds over the next 18 months. The group employs about 10,000 nurses and this number is also slated to go up, Ms Reddy said. The Apollo group is undertaking four groups of business — hospitals and clinics, services (insurance, BPO, and consultancy), pharmacy chain, and education and research. Social plans
Meanwhile, Apollo Hospitals Enterprise on Saturday announced that it has screened 30,000 children in India for heart diseases and performed life-saving surgeries on 1,000 underprivileged children under its social programme — Save A Child’s Heart (SACH) project — over the last three years.
More Stories on : New Projects | Medical Institutions & Hospitals
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