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Business News/ Companies / News/  NSDC, Apollo in healthcare training venture
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NSDC, Apollo in healthcare training venture

NSDC has acquired a 27% stake in Apollo Mediskill for `3.5 crore and provided it a soft loan of `24.5 crore

Apollo Mediskill expects to train 400,000 doctors, nurses, paramedics and support staff through its 47 skill centres. (Apollo Mediskill expects to train 400,000 doctors, nurses, paramedics and support staff through its 47 skill centres.)Premium
Apollo Mediskill expects to train 400,000 doctors, nurses, paramedics and support staff through its 47 skill centres.
(Apollo Mediskill expects to train 400,000 doctors, nurses, paramedics and support staff through its 47 skill centres.)

Chennai: Apollo Mediskill, a training company set up by the Apollo Hospital Group in association with the National Skill Development Council (NSDC), launched its first centre on Tuesday.

NSDC, which has been tasked with skill development by the government, has acquired a 27% stake in Apollo Mediskill for 3.5 crore and provided it with a soft loan of 24.5 crore.

Apollo Mediskill expects to train 400,000 doctors, nurses, paramedics and support staff through its 47 skill centres. The remaining investment in the 40 crore venture will come from the Chennai-based hospital group.

Ailments such as diabetes, heart disease and cancer are rising and there aren’t enough healthcare professionals to meet demand, said Pratap Reddy, chairman of the company.

There is a need to double the number of doctors to 1.4 million, triple the number of nurses to 2.4 million and quadruple the number of paramedics and support staff to 2.5 million, he said.

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Published: 06 Feb 2013, 06:21 PM IST
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