Processing .....please wait.. 
The article has been forwarded.... 
Apollo Hospitals to invest 
15.5 Billion for expansion
Monday, 01 December 2008, 18:46 IST
New Delhi: Apollo Hospitals, one of the leading hospital chains in the country, Saturday announced it will invest 
15.5 billion to expand its operations.
Apollo will open 30 cradles (speciality maternity homes) and about 250 clinics, and extend its hospital network to 30 new small towns and villages, Apollo Health and Lifestyle Chief Executive Ratan Jalan told reporters here on the sidelines of Franchise India-2008, a franchise and retail event.
"The cradles are a premier facility with each costing about 150 million excluding the land price. We plan to open these in metros and major towns," he said.
Apollo now has about 50 primary care clinics in major cities, and is planning to spread its presence to tier II and III towns. "Most of the expansion for Apollo clinics will happen through the franchisee route. Each clinic costs around 20 million and we will add about 250 of these," Jalan said.
He added that the network's expansion in rural areas will take place under the Apollo Reach Hospitals brand. These medical facilities will have 100-bed capacity and require 200 million investment each.
Source: IANS
15.5 billion to expand its operations.
Apollo will open 30 cradles (speciality maternity homes) and about 250 clinics, and extend its hospital network to 30 new small towns and villages, Apollo Health and Lifestyle Chief Executive Ratan Jalan told reporters here on the sidelines of Franchise India-2008, a franchise and retail event.
"The cradles are a premier facility with each costing about 150 million excluding the land price. We plan to open these in metros and major towns," he said.
Apollo now has about 50 primary care clinics in major cities, and is planning to spread its presence to tier II and III towns. "Most of the expansion for Apollo clinics will happen through the franchisee route. Each clinic costs around 20 million and we will add about 250 of these," Jalan said.
He added that the network's expansion in rural areas will take place under the Apollo Reach Hospitals brand. These medical facilities will have 100-bed capacity and require 200 million investment each.
Source: IANS