Financial Daily from THE HINDU group of publications
Tuesday, Nov 02, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Medical Institutions & Hospitals


Major hospital groups to invest in Gurgaon Medicity

Our Bureau

New Delhi , Nov. 1

ALL the major hospital groups such as Fortis Healthcare, Escorts Heart Institute and Apollo Hospitals are making huge investments in setting up super-speciality healthcare facilities in the country's first Medicity.

This healthcare facility in Gurgaon, Haryana is being set up on the lines of the Dubai Health City and is expected to be the largest facility in South Asia.

Speaking to Business Line, Mr Harpal Singh, Chairman and Managing Director, Fortis Healthcare said, "We will be investing anything between Rs 800 crore and Rs 1,000 crore for setting up a world-class healthcare facility."

Fortis is planning to have two hospitals catering to the domestic and international patients, separate medical, dental and nursing colleges besides offering courses in technical areas and hospital management. Fortis will also set up a large facility for clinical research and pathology.

"We are looking at getting into outsourcing of pathology in a big way and will have two labs, one in Mumbai and the other in Delhi," Mr Singh added.

Meanwhile, the Escorts Group, which runs the Escorts Heart Institute & Research Centre (EHIRC), has also committed itself to setting up a modern cardiac care centre. Addressing newspersons, Dr Naresh Trehan, Executive Director, EHIRC, said that the level of investment being put in would have to be decided.

More Stories on : Medical Institutions & Hospitals

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Indo-German pact for funding project-based research


Filing of annual statement: Directive to excisable goods manufacturers
Little progress in fertiliser cos' plan for joint LNG facility
Assocham moots `land banks' for hotel industry
Industry wants corporation head for Coimbatore
AP Govt allays industry's fears on infrastructure
Urban development schemes under one umbrella planned
Govt confident of passing petroleum regulatory Bill
Govt must watch oil price situation closely, says Rakesh Mohan
Indigenous rabies vaccine launched in AP
MSEB plans fresh tender to buy gas
APTransco asks farmers to shift to irrigated dry crops
New sub-station at Thumba on stream
`Indian SME products have promising future in EU'
SSI convention in Bangalore
India, Uzbek keen to relax visa norms
Star, Sahara reach compromise on logo
Decision on double degrees from VTU soon: VC
Study trip
An arduous trudge
UCMAS programme at Kochi
Gem institute, export bodies to set up research centre
Major hospital groups to invest in Gurgaon Medicity
Coal shortage: Tile makers' body seeks Govt intervention
`Bill allowing 100% FDI in infrastructure on cards'
EU plans to eliminate textile quotas soon
Distribution of land is not enough: YSR
How much of surplus land is available?
Greentech annual meet begins on Nov 4
Editors, Ministries meet on social sector agenda from Nov 3
`Deliver value to all stakeholders first before owner benefits'
Taxing effort
`CBDT must withdraw orders on provisional attachment of property'
Fears on delay in cargo clearance with EDI allayed
Pilgrim's Progress
`Indian BPO cos match global standards'
Purushothaman is President of FHRAI



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line