Hotline: 1800 102 2007
X
Search Business Opportunities
Feb, 06 2017

Medanta to invest 750-1000 crore on a high-end hospital

Medanta hospitals are also coming up in other locations such as Noida, Lucknow and Patna, and are expected to be operational in a couple of years. Outside of Gurugram (Haryana), Medanta has its units running at Indore and Ranchi.

Medanta-the Medicity, one of the super speciality healthcare chains of India, is evaluating the possibility of setting up a high-end hospital in Bhubaneswar.

Though the exact site for the hospital is yet to be identified, Medanta chairman-cum- managing director Naresh Trehan indicated the investment could be anywhere in the range of Rs 750-1,000 crore on a hospital that can tentatively have a bed strength of 700-1,000.

Trehan, a well-known cardiovascular and cardiothoracic surgeon, said, "I had talks with the Odisha chief minister. The land for the proposed hospital is being surveyed. Normally, we invest Rs 750-1,000 crore on a hospital, of which Rs 300-350 crore goes into technology."

Medanta hospitals are also coming up in other locations such as Noida, Lucknow and Patna, and are expected to be operational in a couple of years. Outside of Gurugram (Haryana), Medanta has its units running at Indore and Ranchi.

He said, "Our objective is to offer the whole gamut of health services and super speciality treatment under one roof. Research is one of our crux areas and at Medanta, we believe in combining the best facets of traditional health therapies and modern healthcare for the benefit of the patients. We are striving to spread our services in the under-served areas."

Trehan said Medanta has initiated some big programmes to make Haryana free from tuberculosis and dengue.

He added, "We are keen to partner with the Odisha government to replicate such initiatives."

Trehan also said, "If you consider infant and maternal mortality, Odisha is lagging behind the rest of India in some ways. There is an imbalance in affordability and accessibility because of the fact that large sections of our people are uninsured and have to pay out of the pocket. The data is very disturbing, with two per cent of the population being pushed from above poverty line to below poverty line every year due to healthcare expenses. This is a very immoral state and is ballooning into a huge issue."

Comment
image
Related opportunities
  • Car wash / Ceramic Coating / Detailing
    About us: Manmachine group is a 32 yrs old company, pioneer..
    Locations looking for expansion Uttar Pardesh
    Establishment year 1987
    Franchising Launch Date 2016
    Investment size Rs. 30lac - 50lac
    Space required 1500 - 2000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Noida City Uttar Pardesh
  • Juices / Smoothies / Dairy parlors
    About Us: Ranging from Super Tasted Bubble Tea’s to Shakes, Sandwiches,..
    Locations looking for expansion Andhra pradesh
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater hyderabad Andhra pradesh
  • Casual dine Restaurants
    Café Udupi Ruchi, is a restaurant which will provide the..
    Locations looking for expansion Karnataka
    Establishment year 2014
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Rural District Karnataka
  • Others Food Service
    About Us: Established in the year 2001,  Kakal Kai Ruchi is..
    Locations looking for expansion Karnataka
    Establishment year 2001
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities