BR Shetty to invest $700M in Indian Healthcare

March 06, 2018 | Tuesday | News

Shetty’s focus is on both urban and rural areas and he plans to invest about $600-700 million for the same.

Image credit- arabianbusiness.com

Image credit- arabianbusiness.com

UAE-based India-born billionaire BR Shetty, founder and non-executive chairman of Abu Dhabi-based NMC Healthcare, plans to set up healthcare centres/hospitals – both in private and public private partnership - with a capacity of around 20,000 beds across the country over the next five years.

Shetty’s focus is on both urban and rural areas and he plans to invest about $600-700 million for the same.  

Shetty forayed in India in 2013 with BR Life (headquartered in Bengaluru), NMC Group’s India affiliate. BR Life includes hospitals in India and the sub-continent. SUT Hospital in Thiruvananthapuram was the first BR Life hospital in India.

Sree Narayana Hospital (SNH), Raipur, SSNMC Super Specialty Hospital Bangalore, Mother & Child Hospital in Udupi, Kalinga Hospital in Bhubaneshwar and The Grande International Hospital (GIH), Nepal are the other hospitals under the BR Life umbrella. So far, the BR life has a current capacity of around 1,500 beds in India.

Comments

× Your session has expired. Please click here to Sign-in or Sign-up

Have an Account?

Forgot your password?

First Name should not be empty!

Last Name should not be empty!

Email address should not be empty!

Show Password should not be empty!

Show Confirm Password should not be empty!

Newsletter

E-magazine

Biospectrum Infomercial

Bio Resource

I accept the terms & conditions & Privacy policy