Hinduja Grp to invest Rs 350 cr in capacity expansion
Press Trust of India / New Delhi Sep 14, 2009, 15:56 IST
The Hinduja Group will invest up to Rs 350 crore in increasing capacity of its hospital in Mumbai by 350 beds in the next four years through expansion of existing facility and setting up of a new unit.
The group is setting up a greenfield hospital in Mumbai with a capacity of 100 beds at an investment of Rs 150 crore and is also expanding the existing hospital P D Hinduja National Hospital & Medical Research Center.
"We will be adding another 350 beds in the next four years, which will require an investment of around Rs 350 crore," P D Hinduja National Hospital & Medical Research Center (HNHMRC) Chief Executive Officer Pramod H Lele said on the sidelines of the FICCI health summit here.
The group is expanding the HNHMRC facility to add another 250 beds, he said.
On the greenfield hospital, Lele said construction work has already been started and it would be operational by April next year.
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