Jaypee Group to invest Rs 2000 cr in hospital chain

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Infrastructure conglomerate Jaypee Group on Monday announced its foray into healthcare sector with an investment plan of Rs 2,000 crore over the next 3-4 years to establish a chain of hospitals in North India.

“Jaypee Hospital, the flagship hospital of the Jaypee Group has been planned and designed as a 1200-bedded tertiary care multi-super-specialty facility and, is shortly getting commissioned with 525 beds in the first phase at Noida,” a company statement said.

The group “plans to invest Rs 2,000 crore over the next 3-4 years towards establishing a chain of multi-super-speciality hospitals in NCR & Tier-2 cities of North India,” the statement said.

The group has planned to set up a 500-bedded hospital each in Agra, Sahibabad and Kanpur, and a 250-bedded hospital in Bulandshahar in the next four years.

“The demand for quality healthcare is rapidly increasing in India … Group intends to bridge this gap by taking the initiative of creating 5,000 quality beds …,” Jaypee Healthcare Director Rekha Dixit said.

Source: Business Line

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