CapEx News

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

Home   »   CapEx-News   »  

Fortis Healthcare sets out 600-bed expansion plan

Hospitality and Healthcare  -  Feb 05,2024  - 

Fortis Healthcare plans to add 600 beds to the existing 4,500 operational beds by the end of the ongoing financial year. Along with this, the integrated healthcare services provider is also planning to add 2,200 beds across its existing hospitals over the next three years. Last year, the company had added around 150 beds.

Fortis Healthcare will also cumulatively invest about Rs 600 crore this year. Of this, Rs 400 crore is for growth capex and will be utilised in constructing buildings and infrastructure.

The remaining Rs 200 crore is for replacement and maintenance, including equipment replacement and upgrades.

This expansion is expected to significantly increase capacity compared to its current capacity.

Moreover, in greenfield setup, the company is exploring areas such as Greater Bombay region and northern part of Bengaluru and Kolkata, depending on the opportunities as they arise.

Company : Fortis Healthcare