Dentistree Pvt. Ltd, a dental care chain, is planning to expand its operations with total of 50 centres in the next three years.
Dentistree Pvt. Ltd, a dental care chain, is planning to expand its operations with total of 50 centres in the next three years. The company expects a total investment of around Rs 25 crore to set up these centres both in India and overseas.
“The investment expected will be Rs 40-50 lakh per centre. We are focusing on pan India expansion via franchise model”, said Dr Mir Ali, Executive Director, Overseas Operations, Dentistree.
The company operates nine centres of which four are franchised. It has presence in Chennai, Kanchipuram, Kalpakkam, Vellore and Puducherry.
The brand is opening new centres in West Bengal, and Orissa would begin operations in these states in the next few months. Also the company plans to open centres in tier I and II cities in these states.
In the meantime, the company is also planning to set up dental hospitals overseas, including West Asian and North African countries. Dentistree has also finalised talks with local partners in Adis Ababa, in Ethiopia, and plans to open its first centre there within six months.
To set up operations in Dubai it is in talks with a local partner through a joint venture. It would open six centres in West Asia in the next two years. Ali said, “We are also looking at setting up centres in North African countries including Tanzania and Kenya in future. The company is expecting Rs 60 crore as turnover from the overall operations in the next three years.”