Metropolis Healthcare plans to add 800 centres, 10 labs by FY19-end

Diagnostic chain Metropolis Healthcare is planning to add 800 collection centres and around 10 laboratories by the end of next fiscal, a top company official has said.

The company currently has 150 labs with 1,800 collection centres and processes over 4,500 varieties of tests.

"We are planing to add 800 centres and around 10 labs by the end of next financial year as part of our expansion plans," Metropolis Healthcare Promoter and Managing Director Ameera Shah told PTI.

As part of the company's growth strategy, it would expand its geographical presence in North and Eastern parts of the country while growing depth in South and West, she added.

"The business in North and East parts of India is growing quite fast. Punjab is big market for us. In Delhi also, we have done very well," Shah said.

During the last year, the company has set up labs in Ludhiana, Khanna, Ghaziabad, Dhanbad. We have also added labs in Kolkata, Patna and Delhi, she added.

About the southern and western regions of the country, Shah said: "We are very clear leaders in West and South. Here we have to build much more depth. We are going deeper and nearer to the patients."
When asked if the company was planning to enter in to more countries, Shah said : "In Africa we will keep growing, we are looking to enter one or more countries there."
On being asked about how the company plans to raise funds for the expansion, Shah said: "Expansion will be done through internal accruals. We are also planning to invest around Rs 60 crore over the next two to three years in technology."