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Corporate
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Outlook
Apollo Hospitals expansion plan
New Delhi, Nov 2
The Apollo Group will be investing Rs 800 crore over
the next two years to add 1,600 beds. Ms Suneeta
Reddy, Executive Director, Apollo Hospital Group, said
much of this expansion would be in consolidating its
strength in metros and in increasing presence in Class B
cities with specialty hospitals in cities such as
Vishakhapatnam and Bhubaneshwar. "We have already
acquired land and construction of all the projects should
start in 18 months," said Ms Reddy. "We shall also be
adding 400 beds around Hyderabad, and another 250
beds around Chennai," she added. At least two of the
projects are expected to start soon. The company recently
acquired Atlanta based business process outsourcing
company Zavata Inc. It also recently announced three
hospitals in Maharashtra. - Our Bureau
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