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Fortis to launch more health cities
The Fortis Group plans to establish 10 health-cities over the next 10 years, including the Gurgaon Medicity and one in Lucknow, Uttar Pradesh that it announced recently.
The Fortis Group plans to establish 10 health-cities over the next 10 years, including the Gurgaon Medicity and one in Lucknow, Uttar Pradesh that it announced recently.
The Ranbaxy -promoted company will be investing between Rs 500 -800 crore over a period of 7-8 years in establishing a medicity on 52 acres of land that it has purchased from Ansal API in the latter's Sushant Golf City in Lucknow. The facility will include colleges for medicine, nursing, dental and allied sciences, said Mr Shivinder Mohan Singh, Managing Director, Fortis Healthcare .
The company has already started work on the mega Gurgaon Medicity project, at the heart of which is a multi-speciality hospital. According to Mr Singh, the project is to come up at a cost of over Rs 1,200 crore.
The health city projects will come under Fortis Healthcare Holding Ltd, or a separate division to ensure compliance of Medical Council of India's rules that allow only non-profit organisations to run medical colleges.
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