New Delhi, June 26: Healthcare major Apollo Hospitals is understood to be planning to invest around Rs 100 crore to set up a mega health park at Chittoor district in Andhra Pradesh.
According to sources, the project, to be spread over 86 acre of land, will be completed in three years.
”The health park will have a 200-bed multi speciality hospital and a nursing college,” a source said.
The company spokesperson could not be reached for comments.
The source said within the next three to six months, the company is likely to start preliminary study of the location for setting up the park.
The group has also been planning to set up three medical colleges at Chennai, Hyderabad and Madurai as a part of its expansion plans in medical education venture and expects the first of the three colleges to start functioning within the next two years.
The healthcare chain is already running 11 nursing and hospital management colleges.
Apollo Hospitals has been in talks with Khazanah for healthcare education in the country. Khazanah holds nearly 12 per cent stake in Apollo Hospitals.
The healthcare chain also has 1,200 pharmacies and 54 hospitals with a capacity of over 8,500 beds besides over 100 diagnostic clinics across the country. PTI