Jaypee Group plans to diversify into healthcare by investing in excess of Rs 2,000 crore over the next 3-4 years to set up a hospital chain with a minimum capacity of 3,000 beds.
This investment doesn't include a major chunk of the cost of the land, given that the group intends to develop tertiary and super-speciality hospital facilities in cities where it already owns land parcels.
The first such 1,200-bedded facility will come up in Noida, with an investment of over Rs 500 crore, said Dixit, adding that it has just begun operation in parts. "It's a large facility with state-ofthe-art equipment and we plan to kick off operations of different specialities in phases," she said. besides Noida, the group has decided to float a hospital chain in northern India, covering cities such as Agra, Bulandshahr, Kanpur, Sahibabad, where it plans to build 500-bedded and 250-bedded large hospitals.
Project Value
INR 2000 Crore /-
Conceptual
Multi State
India
Healthcare
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