Apollo Hospitals Enterprise Ltd.

BSE: 508869 | NSE: APOLLOHOSP
Large Cap | Hospital & Healthcare Services
7128.20
-107.70 (-1.49%)
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Apollo Hospitals to focus on rural sector: Report

Date: 07-11-2014

Apollo Hospitals is reportedly planning to focus on rural sector. In this regard, the company will add at least 14 Reach Hospitals in rural regions at a cost of Rs 1,800 crore by 2016 and plans more in the coming years.

The company had earlier said that it has received board approval to invest Rs 2,100 crore for expansion over next three years. The benefit of tapping into the rural segment is the cost of setting up the infrastructure, which is lower by about 25 per cent as compared to metropolitan cities.

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.