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Apollo Hospitals likely to invest Rs 2,200 crore on expansion

14 Jun 2013 Evaluate

Apollo Group of Hospitals is likely to invest Rs 2,200 crore on expanding its facilities. It also aims to add 2,700 beds in the next three years. The entity will spend part of this on expanding its facility in Mumbai and opening Apollo Clinics there and will spend about Rs 800-Rs 1,000 crore in the next 12 months.

The company plans seven Apollo Reach hospitals now and eight more are under construction. In all, it will have 21 Reach branded hospitals in the next 24 months.

Apollo Hospitals Enterprise, is the leading private sector healthcare provider in Asia and owns and manages a network of speciality hospitals and clinics, a chain of Pharmacy retail outlets across the country, and provides Consultancy Services for commissioning and managing the Speciality Hospitals.

Apollo Hospital Ent. Share Price

8094.85 257.00 (3.28%)
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