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Max India to invest Rs600 crore to open four new hospitals

Max India to invest Rs600 crore to open four new hospitals
PTI
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First Published: Wed, May 11 2011. 04 30 PM IST
Updated: Wed, May 11 2011. 04 30 PM IST
New Delhi: Diversified business group Max India on Wednesday said it will invest up to Rs600 crore to open four new hospitals by the end of this year, a move which will double its bed capacity in the country.
“We will be opening four new hospitals by the end of December this year, thereby increasing our bed capacity by 1,000 beds,” Max India chairman & managing director Analjit Singh told the news agency.
One of the prominent hospital chains in the country, Max Healthcare currently has a capacity of nearly 1,000 beds.
The new hospitals would be multi-speciality and would come up at Bhatinda and Mohali in Punjab, Shalimar Bagh in Delhi and Dehradun.
“The hospitals at Bhatinda and Mohali would be under a public-private partnership mode with the Punjab government,” Singh added.
He was speaking on the sidelines of an event organized here by the associated chambers of commerce and industry (Assocham).
Max India, which presently runs six hospitals and two centres under the aegis of its group firm Max Healthcare, is also planning to enter into medical education in near future.
The company, however, did not give any time frame for the entry. Max India Ltd is engaged in various business verticals including insurance, healthcare, contract research and speciality films.
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First Published: Wed, May 11 2011. 04 30 PM IST