Friday, December 9, 2011

Online News : New health care venture : Money Life : Manappuram Health Care to invest Rs1,000 crore in 5 years

Manappuram Health Care  is to set up a chain of 50 sophisticated super speciality Medical, dental and diagnostics centres and hospitals in metros and mini metros across India.

Aiming to provide affordable health care, Manappuram Health Care, a venture of the Manappuram Group of Companies, would be investing nearly Rs 1,000 crore over the next five years to set up a chain of 50 sophisticated super speciality Medical, dental and diagnostics centres and hospitals in metros and mini metros across India.

The Kerala-based company, operating under the MAcare brand name, has set up a diagnostics centre and dental hospital at nearby Kaloor in over 17,000 square feet area, VP Nandakumar, chairman, Manappuram Group told reporters here.

When it becomes full fledged, the total investment here would be Rs 50 crore.
The centre would be inaugurated on December 10 by Union minister of state for Agriculture, Food and Public Distribution, KV Thomas.

Read full article http://bit.ly/sg2mAO

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