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Thyrocare Technologies to invest Rs 1,000 crore for expansion

07 Nov 2016 Evaluate

Thyrocare Technologies is planning to expand its laboratories to 25 from the current 7 by 2020. In this regard, the company will invest Rs 50 crore annually.

At present, the company has 1,200 franchisees and is planning to take it to 5,000 by 2020 with expected revenue of Rs 1,000 crore.

Thyrocare Technologies is one of the leading pan-India diagnostic chains and conducts an array of medical diagnostic tests and profiles of tests that center on early detection and management of disorders and diseases.

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