India's Gleneagles Global Hospitals to invest USD32 mn for expansion
29-Mar-17, The Hindu Business Line
Gleneagles Global Hospitals will invest INR200 crore (USD31 mn) as part of its expansion and plans to emerge as a dominant player in clinical healthcare in the country.
%20Gleneagles%20Global%20Hospitals.jpg "Indias Gleneagles Global Hospitals to invest USD32 mn for expansion (c) Gleneagles Global Hospitals")
Image: Gleneagles Global Hospitals
The investment is part of the strategy it has chalked out to become double its present size in the next five to seven years. It will focus on quality medicare, strengthen patient care and do frontier research, according to its Chairman K Ravindranath.
Gleneagles Global Hospitals, a part of Parkway Pantai, a fully-owned subsidiary of Malaysia-based IHH, now has 1,400 operational beds in its nine hospitals with the major ones in Hyderabad, Bengaluru, Mumbai and Chennai.