Apollo Hospitals Enterprise Ltd.

BSE: 508869 | NSE: APOLLOHOSP
Large Cap | Hospital & Healthcare Services
7128.20
-107.70 (-1.49%)
< Home < Back

Apollo Hospitals to add 1,000 beds across eight hospitals

Date: 30-05-2014

Apollo Hospitals Enterprise (AHEL) is planning to add around 1,000 beds across eight hospitals in 2014-15. In this regard, the company will invest around Rs 500 crore, through a mix of debt and internal accruals.

Moreover, the company is open to inorganic growth in Northeast India. The expansion plan includes the 200-bed hospital at Nellore and the 150-bed hospital in South Chennai. Both these facilities are expected to go on stream during the second quarter of the current fiscal,

Apollo Hospitals 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.