Chennai, India (CU)_ Apollo Hospitals has made a whopping INR 450 crore investment in a hospital asset in Gurugram. In an attempt to expand its presence in the NCR region, the group has purchased the hospital facility from Nayati Healthcare and Research NCR Private Ltd. With this purchase, the hospital chain enters the state of Haryana. The healthcare facility is located in a safe hospital zone area of about 7 lakh square feet and contains 650 beds. The deal was executed by Apollo Hospitals’ wholly-owned subsidiary, Apollo Hospitals North Ltd, and financed with the group’s excess funds.
According to the statement from Apollo hospitals, “The hospital will establish the group’s presence in the millennial city of Gurugram, one of India’s fastest growing cities, with an aspirational population and significant brand equity for Apollo Hospitals, due to its existing footprint in the region. The upcoming integrated healthcare complex located on Golf Course Road in Gurugram would be commissioned in 24 months”. The statement added, “It will endeavor to extend advanced clinical solutions and services to the citizens of the state and the country through its experienced faculties and international collaborations and will strongly position the city as an international healthcare destination”.
According to Apollo Hospitals, the Gurugram facility would serve as an incubator for developments in digital healthcare, healthcare accelerators, and start-ups, thereby improving the nation’s healthcare ecosystem and propelling the country and the state of Haryana toward standard practices and world-class healthcare. In addition, the hospital network stated that it will collaborate closely with the Haryana government to accomplish the aims and objectives.
Dr Prathap C Reddy, Chairman of Apollo Hospitals Group, expressed optimism over the new acquisition. He said, “Apollo Hospitals has added its presence in the Nordic region, an important area of focus for us. We are committed to bringing our proven focus on excellent clinical outcomes together with the best of the Apollo Hospitals ecosystem – including preventive health, pharmacies, day surgery centers, maternity centers, primary care facilities and diagnostics, home care, geriatric care, rehabilitation, nursing homes, etc., all tied together by India’s largest digital healthcare platform, Apollo 24/7 – to promote seamless delivery of holistic healthcare in the state, and to position the state as the forerunner in Medical Value Travel”.
