Havells India, a fast-moving electrical goods company, is reportedly planning to enter into healthcare business by setting up a chain of hospitals. The company has decided to invest Rs 1,000 crore with an aim to reach a target of 1,200 beds in the next five years. The company is already running a tertiary hospital in Faridabad since 2007 and now plans to expand in the sector under the 'QRG' brand.
Havells India is engaged in selling products in Kerala for several years and the business has shown an upward trend in terms of turnover in a short span of time. It has 10 manufacturing facilities in India in various states, including Himachal Pradesh, Uttar Pradesh and Rajasthan.
