Delhi MCD Election Results 2017

Source: media reports

Hindujas plan Rs300 cr healthcare facility in Tamil Nadu

Hindujas plan Rs300 cr healthcare facility in Tamil Nadu
Comment E-mail Print Share
First Published: Mon, Sep 08 2008. 11 30 AM IST
Updated: Mon, Sep 08 2008. 11 30 AM IST
PTI
Chennai: The Hinduja Group is planning a Rs250-300 crore healthcare facility in Tamil Nadu with a capacity of 200-300 beds.
“We are planning to create a healthcare facility in Tamil Nadu currently evaluated at a cost of Rs250- Rs300 crore similar to that of the company’s healthcare facility in Mumbai,” group Chairman Srichand P Hinduja said addressing the Diamond Jubilee celebrations of the conglomerate’s flagship company Ashok Leyland.
“The facility would initially have 200-300 beds and might be set up in two- and-a-half years,” he said.
“We were scouting for locations in Chennai and other parts of Tamil Nadu and have planned to hold discussions with the state government in this regard,” he added.
Hinduja further stated that the group intended to make Ashok Leyland one of the top five commercial vehicle manufacturers in the world in the next 10 years.
“Ashok Leyland has come a long way from producing 15,000 vehicles per year to 85,000-vehicle capacity in the last two decades. We will continue to invest in the technological, commercial and management skills of our employees”, the Chairman said, adding they would also simultaneously expand by acquiring related businesses in Europe and the Middle East.
Union Finance Minister P Chidambaram told the gathering that the country must alter or fine tune its policies towards transportation to ensure more people use public transport and travel less by private vehicles.
Comment E-mail Print Share
First Published: Mon, Sep 08 2008. 11 30 AM IST