Australia-based National Hearing Care is planning to increase its presence in India. The company would invest around $10 million (around Rs 46 crore) for the proposed expansion over the next three years.
Group chief executive officer Paul Mirebelle said NHC would double the network in three years.
While it would add 60-70 more clinics in Australia, 20-30 would be added in New Zealand, 80-100 in India apart from other Asian countries.
“Our view is that India at 100 clinics is far from saturated and the network here will continue to grow,” he added. It expects a revenue of $15-20 million from the Indian venture.
The company is also open to offer its services to state governments and their service organisations in reaching the hearing handicapped in rural areas. The Indian operation of NHC Hearing Care (India) was launched on March 11, 2010.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app