PTL ENTERPRISES LIMITED
(FORMERLY PREMIER TYRES LIMITED)
ANNUAL REPORT 2006-2007
My dear Shareholder,
It gives me great pleasure to write to you at a time when your company is
all set to make a mark in India's healthcare landscape. Artemis Health
Sciences Pvt. Ltd's (subsidiary of your Company) first super-speciality
hospital is now complete. Artemis Health Institute or AHI, Gurgaon, will be
shortly opening its doors to the general public in July. I wanted to update
you on this project and other initiatives Artemis is poised to undertake.
As you are aware, Artemis Health Sciences' business model is built on the
four pillars of:
* Healthcare delivery
* Healthcare education
* Healthcare research and delivery
* Healthcare medical devices
Towards achieving these, the phase one of our 500-bed hospital on 8.3 acres
of land is now complete in Gurgaon, Haryana, with an investment of Rs 200
crores. As a tertiary care institute, its areas of super-specialisation are
cardiology, cardiovascular surgery, oncology and orthopaedics. Towards
this, we already have in place a highly-skilled team of nearly 60 full-time
doctors, state-of-the-art operating and medical facilities, world class
medical and testing equipment and an IT system that allows for seamless
integration of all hospital functions and diagnostics to ensure high levels
of patient care and service.
Many of the initiatives being taken at Artemis Health Institute, Gurgaon,
are path-breaking in the Indian scenario, especially when it comes to the
technology being deployed at all levels to ensure patient safety and care.
In our attempt to spread the art of healthcare across India, we have
already begun work on two more initiatives. We have signed an MoU with the
Government of Gujarat for a 95 acre property to set up a medical college-
cum-hospital, nursing, paramedical, hospital administration and ayurvedic
medicine college, with an investment of Rs 500 crores. Simultaneously, we
are also looking at the possibility of setting up an ayurvedic park in
PTL's home - Cochin.
Over the next 10 years, we propose to acquire medium to large hospitals in
metros, state capitals and tier one cities to expand the network of world
class healthcare delivery services for you.
We will Continue our quest to bring to each of our shareholders the best
healthcare services available to ensure PTL Enterprises' continued growth
in a planned manner, creating shareholder value over the years.
My sincere thanks to you for having been a pillar of strength for PTL and
Your support to us during these initial years of building the business
means the most to us!
With warm regards,
Onkar S Kanwar