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Hinduja to invest Rs350 cr in capacity expansion

Hinduja to invest Rs350 cr in capacity expansion
PTI
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First Published: Mon, Sep 14 2009. 04 04 PM IST
Updated: Mon, Sep 14 2009. 04 04 PM IST
New Delhi: The Hinduja Group will invest up to Rs350 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 Rs150 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 Rs350 crore,” P. D. Hinduja National Hospital & Medical Research Center (HNHMRC) hief executive officer Pramod H. Lele told PTI 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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First Published: Mon, Sep 14 2009. 04 04 PM IST