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Sunday, March 09, 2008

Apollo embarks on a major expansion

It seems as if Apollo Hospitals don’t want Apolloto leave any chance to cash on the healthcare boom in India. In order to further consolidate its position, the healthcare group has recently chalked out a massive Rs.7.1 billion expenditure plan to set up hospitals in Mumbai and Chennai. While, the Group would invest about Rs.6 billion for its Mumbai expansion, the sate-of-art orthopaedic hospital in Chennai with 200 beds would engulf the rest of the investment corpus. The Group has even tied up with Western Hospitals for setting up these ‘centres of excellence’ at various places in Mumbai. Quite a handful, isn’t it?

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